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Michigan Economy


In terms of revenue generated Michigan's top five agricultural products are dairy products, greenhouse and nursery products, corn for grain, soybeans, and cattle and calves.


24% of Michigan's agricultural revenues are generated by dairy products, most notably, milk and cheese. Michigan's production of dairy products ranks it #2 among all of the states.

Cattle and calves, hogs, chicken eggs, and turkeys are also important to the state.

Important chick and turkey hatcheries are located in Michigan.


Greenhouse and nursery products (flowers and shrubbery) generate 14% of Michigan's total agricultural revenues. Michigan is the nation's second largest grower of Christmas trees.

Corn for grain produces about 11% of the state's agricultural revenue. Other Michigan field crops are soybeans, sugar beets, wheat, and hay.

Michigan is one of the leading producers of apples, blueberries and cherries. Traverse City is famous for its cherries.

Important Michigan vegetable crops are asparagus, bell peppers, carrots, celery, cucumbers, onions, potatoes, pumpkins, snap beans, sweet corn and tomatoes.

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Manufacturers add value to raw products by creating manufactured items. For example, cotton cloth becomes more valuable than a boll of cotton through manufacturing processes.

Transportation equipment (automobiles, trucks, vans, SUVs, airplanes, boats, buses) is Michigan's most valuable manufacturing sector.

Production of machinery (bearings, chisels, dies, valves, machine parts, computers, conveyors, engines, machine tools, pumps) is the state's second-ranked sector.

Fabricated metal products (cutlery, hand tools, hardware) rank third in Michigan. The state is among the leading states in the manufacture of sporting goods and athletic equipment.


Michigan's most important mined products are natural gas, iron ore and petroleum.

Michigan ranks second, behind Minnesota, in the production of iron ore and one of the world's largest limestone quarries in located in Michigan.

The state is the leading producer of iron oxide pigments and magnesium compounds in the country and is among the leaders in the production of gypsum, iodine, peat and sand and gravel.

Large deposits of copper exist in the state but are expensive to mine.


As one would expect, most of Michigan's fish catch is taken from the Great Lakes.

The most important fishes are catfish, chubs, lake herring, lake trout, salmon, whitefish and yellow perch

Each spring smelts are harvested from the state's rivers and streams.


Community, business and personal services (private health care, law offices, engineering and research companies, repair shops, computer software companies) is the leading service industry in Michigan.

Ranking second is the wholesale (automobiles, automobile parts, groceries, machinery) and retail (automobile dealerships, discount stores, grocery stores, restaurants) trade sector.

Michigan's third-ranking service industry is finance, real estate and insurance.

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