State Must Boost Value if Growth Is to Continue
DETROIT, Mich., November 12, 2015 — Michigan’s economic future is threatened by a lack of cohesion behind a common strategy for growing the economy and prioritizing investments in areas that will improve the state’s overall competitiveness such as education and training beyond high school, innovation and assets and economic development according to panelists presenting at today’s CEO summit hosted by Business Leaders for Michigan (BLM) in Detroit.
An audience of 500 senior leaders from the fields of business, policy, education and advocacy gathered at the Westin Book Cadillac for updates and discussion related to Michigan’s economic growth.
“Thanks to major policy changes since 2009, Michigan’s economy has experienced a surge of growth that has outpaced nearly all other U.S. states,” said Doug Rothwell, president and CEO of Business Leaders for Michigan. “However, our progress in absolute terms is still very low compared to our peers. If we want to attract fresh talent and new employers, we need to make absolutely sure the value Michigan offers is worth the cost of locating here.”