Michigan Economic Data

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 2.6 million people in Michigan have filed unemployment insurance claims. Michigan’s monthly unemployment rate peaked in April at 22.7%, and has decreased 5.0 % in June 2021.

Detroit Metropolitan Airport experienced a 237% increase in total passengers in the month of June 2021 compared to the same month last year. While U.S. airports saw an 24% decrease in airport travelers over the same weekday in 2019.

Detroit Region’s daily traffic volume increased by 63.7% to 1,427,767 in May 2021 compared to the previous year.