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Business leaders: MI needs 'holistic' approach to attract residents

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(The Center Square) – A new report from Business Leaders for Michigan calls for a “holistic” strategy to attract and retain residents.

The 2023 Economic Development Framework identifies challenges that have historically prevented Michigan from creating and sustaining long-term solutions.“While Michigan ranks as average today, becoming a top performing state in just a few years is absolutely possible,” President and CEO of Business Leaders for Michigan Jeff Donofrio said in a statement. “We need to unite and work to create the Michigan we want to see in a decade, with growing income, population and jobs.

In Business Leaders’ annual benchmarking study released in December 2022, Michigan ranked 31st among all states, a two-spot drop from 29th in 2021.

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