2006 Impacts of Michigan’s Small Business and Technology Development Centers April 13, 2007
2006 Unemployment Rates by County Michigan U.S. 6.91% 4.9% Source: CEA calculations of Bureau of Labor Statistics LAU Series
2006 Unemployment Rates by SBTDC Region Michigan U.S. 6.91% 4.9% Source: CEA calculations of Bureau of Labor Statistics LAU Series
How Industries Impact Employment
Relative Growth of Total Employment: 2001 – 2006 SBTDC Region to State Total Region’s Growth Exceeds the State Region’s Growth Less than State Source: CEA Calculations and Woods and Poole
Relative Growth of Total Employment: 2001 – 2006 SBTDC Region to State Total Region’s Growth Exceeds the State Region’s Growth Less than State Source: CEA Calculations and Woods and Poole
Relative Growth of Agricultural Employment: 2001 – 2006 SBTDC Region to State Total Region’s Growth Exceeds the State Region’s Growth Less than State Source: CEA Calculations and Woods and Poole
Relative Growth of Agricultural Services Employment: 2001 – 2006 SBTDC Region to State Total Region’s Growth Exceeds the State Region’s Growth Less than State Source: CEA Calculations and Woods and Poole
Relative Growth of Mining Employment: 2001 – 2006 SBTDC Region to State Total Region’s Growth Exceeds the State Region’s Growth Less than State Source: CEA Calculations and Woods and Poole
Relative Growth of Construction Employment: 2001 – 2006 SBTDC Region to State Total Region’s Growth Exceeds the State Region’s Growth Less than State Source: CEA Calculations and Woods and Poole
Relative Growth of Manufacturing Employment: 2001 – 2006 SBTDC Region to State Total Region’s Growth Exceeds the State Region’s Growth Less than State Source: CEA Calculations and Woods and Poole
Relative Growth of Transportation, Communications and Public Utilities Employment: 2001 – 2006 SBTDC Region to State Total Region’s Growth Exceeds the State Region’s Growth Less than State Source: CEA Calculations and Woods and Poole
Relative Growth of Retail Trade Employment: 2001 – 2006 SBTDC Region to State Total Region’s Growth Exceeds the State Region’s Growth Less than State Source: CEA Calculations and Woods and Poole
Relative Growth of Wholesale Trade Employment: 2001 – 2006 SBTDC Region to State Total Region’s Growth Exceeds the State Region’s Growth Less than State Source: CEA Calculations and Woods and Poole
Relative Growth of Financial Services Employment: 2001 – 2006 SBTDC Region to State Total Region’s Growth Exceeds the State Region’s Growth Less than State Source: CEA Calculations and Woods and Poole
Relative Growth of Services Employment: 2001 – 2006 SBTDC Region to State Total Region’s Growth Exceeds the State Region’s Growth Less than State Source: CEA Calculations and Woods and Poole
Percent of Business Establishments Employing Less than 20 Workers Source: CEA Calculations and U.S. Census County Business Patterns 2002
Percent of Business Establishments Employing Less than 20 Workers Source: CEA Calculations and U.S. Census County Business Patterns 2002
Proportion of State Establishments with More than 1000 Employees Source: CEA Calculations and U.S. Census County Business Patterns 2002
Proportion of State Establishments with More than 1000 Employees Source: CEA Calculations and U.S. Census County Business Patterns 2002
Source: Regional Economic Modeling Inc. MI-SBTDC 2006: Jobs Creation
Source: Regional Economic Modeling Inc. MI-SBTDC 2006: Sales Generation
Source: Regional Economic Modeling Inc. MI-SBTDC 2006: Tax Generation
MI-SBTDC Year Projection: Jobs Creation Source: Regional Economic Modeling Inc.
MI-SBTDC Year Projection: Sales Generation Source: Regional Economic Modeling Inc.
MI-SBTDC Year Projection: Tax Generation Source: Regional Economic Modeling Inc.
Source: MI-SBTDC MI-SPTDC 2006 Budget: Revenue Sources
Sources: MI-SBTDC, Regional Economic Modeling Inc. MI-SPTDC 2006 Rate of Return from Budget Sources* * Current prime rate of 8.25% applied to discounting
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