BLM New Michigan Summit leaders: “Opportunities are only meaningful if we act on them”
LANSING, Mich., March 26, 2015 — Nearly 500 Michigan business and policy leaders convened in Lansing today to explore the state’s most promising economic growth opportunities.
Hosted by Business Leaders for Michigan (BLM), the third annual Building a New Michigan Leadership Summit offered projections, data, and strategies for accelerating Michigan’s economy.
“Michigan has natural assets and strengths capable of driving long-term job, income and GDP growth,” said Doug Rothwell, BLM President and CEO. “But these opportunities are only meaningful if we act on them in smart, aggressive ways. We’re in a fast-paced global race for economic leadership. We must maximize every opportunity we have if we’re going to win.”
Rothwell highlighted his organization’s latest report on each of six key opportunity areas identified in the Michigan Turnaround Plan’s New Michigan strategy as having the best potential to create good paying jobs in the state. “Michigan can be a global leader, but we have to aggressively build upon our strengths,” Rothwell said. “As a Top Ten competitor, our state stands to gain 230,000 more jobs, $14,000 more in average annual earnings, and $36,500 more in per capita GDP. We can’t afford not to get serious about each of these opportunities.”