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Michigan is the 44th Best State for Business 2013

Previous State: Hawaii Next State: Connecticut

No. 44Michigan

Taxations & Regulations

Workforce Quality

Living Environment

Based on CEO Survey by

Key Metrics
State GDP 

  • % Growth ’10-’11: 2.3
  • % Growth ’10-’11 v. Nat’l Avg. (1.5%): 0.8


  • Unemployment Rate Dec. 2012 %: 8.9
  • Comparison with Nat’l Rate (7.80%): 1.1

Domestic Migration

  • Domestic Net Migration ’10-’11: -57,234
  • Rank: 48

State Government

  • Debt per Capita Fiscal Year ’10 ($): 3,251
  • State & Local Gov’t Employees per 10k Residents: 491.0

State-Local Tax Burden

  • Rate (%): 9.3
  • Compared to Nat’l Avg. (9.9%): -0.58
Key Companies
  • Ford Motor Company
  • Dow Chemical Company
  • Whirlpool
  • Dominos Pizza Inc.
  • Stryker
Development Trend Indicator: Positive
Leap to right-to-work follows business-tax overhaul, with more reforms likely.
CEO Comments
“Michigan has turned the corner and has begun to attract the new jobs that come with the electrification of the automobile. In particular West Michigan is the right combination of people, business, government, and geography.”

“Love Michigan becoming a right to work state.”

“Rated Michigan good because of recent right to work legislation.”

“We are moving out of CA, MI, MA and NY in 2013 and terminating our employees there. The regulatory and tax environment has become untenable.”

“MI and IN becoming Right to Work is huge.”

“Michigan is FINALLY moving in the right direction”

“Michigan is on its way back to fiscal solvency. Our companies are prepared to report profits that have exceeded our original expectations.”

“Michigan with its new Right to Work laws has gotta be better for business. I like the way they’re going.”

“Regulation, taxation and the overall cost of doing business in California and Michigan are difficult. The union mentality in Michigan makes finding quality employees very difficult.”

“Governor Snyder has been a ‘game-changer’ for our state and its business environment. He has a strong business background and is not afraid to confront legacy issues that drag down an economy.”

Bureau of Economic Analysis
Bureau of Labor Statistics
The Tax Foundation

Previous State: #43 Hawaii Next State: #45 Connecticut


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    Strategic Planning Workshop

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    Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process

    Executives expressed frustration with their current strategic planning process. Issues include:

    1. Lack of systematic approach (70%)
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    3. Decisions based on personalities rather than facts and information (65%)


    Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns.  They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning.  Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process.  This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented.  If you are ready for a Strategic Planning tune-up, select this workshop in your registration form.  The additional fee of $695 will be added to your total.

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    Women in Leadership Seminar and Peer Discussion

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    Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations. 

    Limited space available.

    To sign up, select this option in your registration form. Additional fee of $495 will be added to your total.

    Golf Outing

    10:30 - 5:00 pm
    General’s Retreat at Hermitage Golf Course
    Sponsored by UBS

    General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.

    The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.

    To sign up, select this option in your registration form. Additional fee of $295 will be added to your total.