Summit brings together state, business and policy leaders focused on growing the New Michigan economy
Natural Resources, Mobility, Engineering, Logistics, Higher Education and Life Sciences industries highlighted as key assets to leverage growth
LANSING Mich., March 11, 2013 — Nearly 450 business and policy leaders from across Michigan met today to discuss key assets for growing a New Michigan economy, and assessed the state’s progress toward economic prosperity. Top leaders shared industry insights and recommended key strategies focused around six key areas of economic opportunity that Michigan boasts. Business Leaders for Michigan (BLM), which hosted the summit, unveiled baseline information on its New Michigan strategy.
“We have already identified some powerful strategies for change,” said Doug Rothwell, President and CEO. “By doing more of what Michigan does best, we can meet global needs and grow our own economy - but we have to be smart, aggressive, and focused on results.”
Rothwell said BLM’s first annual New Michigan report offers an important first step to help the state track its progress. BLM issued its New Michigan plan in 2012.
“This gives us a clear idea of how we stack up to our competitors on key outputs: GDP, employment, and earnings,” Rothwell said. “It also tells us about our inputs in six critical opportunity areas. Each year, we’ll report how we’re doing, where we can grow, and what’s next.”