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Home » United States » What is Michigan’s largest industry?

What is Michigan’s largest industry?

December 14, 2021 by Bo Lang

In Michigan, motor vehicles, bodies and trailers, and parts manufacturing is the largest industry, accounting for 7.6% of the state’s total GDP of $536.9 billion.

Contents

What is Michigan’s main industry?

Three of Michigan’s major industries are manufacturing, tourism and agriculture. The total workers in the Michigan labor force number 4.9 million people.

What are the top 5 industries in Michigan?

Explore Michigan’s core industries and find out how you can be a part of the next Michigan success story.

  • Advanced Manufacturing.
  • Medical Device Technology.
  • Mobility and Automotive Manufacturing.
  • Professional & Corporate Services.
  • Tech.
  • Engineering, Design and Development.

What is Michigan’s second biggest industry?

AgriBusiness
AgriBusiness. Agribusiness is Michigan’s second largest industry, and second in diversity only to California.

What is Michigan’s economy based on?

Michigan farming not only provides consumers with food and fiber on nearly 10 million acres of farmland, but it also lays the foundation for a dynamic food and agriculture industry, making it one of our state’s critical economic drivers, substantially contributing to our state’s economy each year.

What is Michigan’s main export?

Made-in-America Manufacturing Exports from Michigan and Jobs
Michigan exports of manufactured products supported an estimated 257 thousand jobs in 2016. The state’s largest manufacturing export category is transportation equipment, which accounted for $28.2 billion of Michigan’s total goods exports in 2018.

What is Michigan the top producer of?

Michigan is one of the leading producers of apples, blueberries and cherries. Traverse City is famous for its cherries. Important Michigan vegetable crops are asparagus, bell peppers, carrots, celery, cucumbers, onions, potatoes, pumpkins, snap beans, sweet corn and tomatoes.

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What’s Michigan known for?

Michigan is known for fishing, thanks to its 3,288-mile coastline, the longest freshwater coastline in the United States. Forestry is another important industry, as 90 percent of the Upper Peninsula is covered in trees.

What crop is Michigan known for?

The state leads the nation in the production of several crops, including asparagus; black and cranberry beans; cucumbers; tart cherries; Niagara grapes; and squash. Michigan agriculture contributes more than $104.7 billion annually to our state’s economy, second in diversity only to California.

What is the main industry in Detroit?

automotive industry
Automobile manufacturing continues to reign as the top industry in Detroit. Despite having lost nearly 40% of its manufacturing jobs in the 1980s, the automotive industry remains the top economic driver for the city.

How is Michigan’s economy important to the global economy?

Michigan exported an estimated $56.3 billion in goods and $13.5 billion in services in 2014. Between 2009 and 2014, Michigan goods exports have increased by 71 percent and services exports by 49 percent.

What are the most common jobs in Michigan?

The 33 most common jobs in Michigan and their average pay

  • Light truck and delivery service drivers.
  • Accountants and auditors.
  • Machinists.
  • Production inspectors, testers, sorters, samplers and weighers.
  • Restaurant kitchen or wait staff supervisors.
  • Landscaping and groundskeeping workers.

What is the most profitable crop in Michigan?

AREA 8 – CASH CROPS AND DAIRY
Area 8 is the leading cash crop area in Michigan. The major cash crops are field beans, sugar beets, corn and wheat.

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What is the largest farm in Michigan?

Prairie Farm, Michigan’s Largest Farm – Pure Saginaw. After the treaty of Saginaw in 1819 with the Chippewa Indians, the government acquired vast tracts of land.

How big is agriculture in Michigan?

There are just under 10 million acres of farmland in Michigan, and the state is home to roughly 47,600 farms.

How many lakes does Michigan have?

11,000
Michigan has more than 11,000 inland lakes. For about 2,700 of these, we have inland lake maps available.

What is Michigan’s number one import?

In 2020 the top imports of Michigan were Medium Sized Cars ($11.3B), Small Sized Cars ($11.3B), Spark ignition engine trucks weighing <… ($9.8B), Large Sized Cars ($8.66B), and Diesel powered trucks weighing < 5… ($5.75B).

What is Michigan’s biggest trading partner?

Top 25 Countries Based on 2020 Dollar Value

Rank Country 2018 % Share
— Total Michigan Exports and % Share of U.S. Total 3.5
— Total, Top 25 Countries and % Share of State Total 93.5
1 Canada 41.2
2 Mexico 21.2

What are the top 10 exports in Michigan?

Top 10

  • Small gas-powered trucks: $36.6 billion (8.3% of Michigan’s exports)
  • Motor vehicle transmissions: $23.1 billion (5.2%)
  • Large automobiles (piston engine): $21.9 billion (5%)
  • Motor vehicle body parts, accessories: $18.2 billion (4.1%)
  • Vehicle rear-view mirrors: $14 billion (3.2%)

What manufactures Michigan?

The state’s leading manufactures include motor vehicles and parts, machinery, fabricated metal products, chemical products, furniture, and processed foods. Michigan’s automotive industry is based in and near Detroit, and many reasons have been advanced to account for its establishment in that location.

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Where does Michigan rank in agriculture?

Michigan ranks third in the nation for number of farmers markets. The state is home to 129 wineries.

Filed Under: United States

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About Bo Lang

Bo Lang loves exploring the world. A self-proclaimed "adventurer," Bo has spent his life traveling to new and exciting places. He's climbed mountains, explored jungles, and sailed across the ocean. He's even eaten the beating heart of a king cobra!

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