The U.S. Bureau of Economic Analysis released 2010 GDP for metro areas today. The results are not surprising given state level data that have already been released. Michigan metro areas did particularly poorly over the past decade.
Nationally, real metro GDP increased by 15.7% between 2001 and 2010. The Detroit-Warren-Livonia MSA saw real GDP decline by 8.8 percent over this time period, ranking 359th out of 366 metro areas. Other metro areas in Michigan also fared poorly, but did not see GDP decline over this period. A sampling of Michigan’s metros includes, Ann Arbor with 4.0% growth in real GDP, ranking 304th; the Battle Creek MSA with 8.7 percent growth ranking 252nd; Bay City with 0.3% growth ranking 329th; Grand Rapids with 2.2% growth ranking 320th; Kalamazoo with growth of 5.5% ranking 284th; and the Lansing-East Lansing MSA with 8.0% growth, ranking 261st.
Michigan’s MSAs fared better between 2009 and 2010, particularly the Detroit MSA, which saw 2.8% growth, slightly higher than the national average of 2.5 percent, and ranking 116th out of 366 metros. Ann Arbor ranked 138th with 2.6% growth; Battle Creek 75th with 3.8% growth; Bay City 183rd with 2.0% growth; Grand Rapids 141stwith 2.5% growth; Kalamazoo 264th with 0.8% growth; and Lansing-East Lansing 50thwith 4.4% growth.