Michigan Economic Data

*DATASET UNDER REVISION* As of June 21, 2021, the number of all small businesses open decreased by 45.8% and total small business revenue decreased by 41.3% in the Region compared to January 2020.

Since mid-March over 2.9 million people in Michigan have filed unemployment insurance claims. Michigan’s monthly unemployment rate peaked in April at 22.7%, and has decreased 4.2 % in November 2021.

Detroit Metropolitan Airport experienced a 1.1 million increase in total passengers in the month of October 2021 compared to the same month last year. While U.S. airports saw a 134% increase year-over-year in airport travelers in September 2021

Detroit Region’s daily traffic volume increased by 7.3% to 1.4 million in September 2021 compared to the previous year.