Michigans economic health second-best

LANSING–Following the news that the Bloomberg Economic Evaluation of States has ranked Michigan’s economic health second-best in the nation, Sen. Jim Marleau, R-Lake Orion, offered the following comments:

“This is very encouraging news for Michigan job providers and residents as lawmakers continue to implement the reforms necessary to turn the state around. To receive this recognition from Bloomberg, one of the world’s top business and financial information services, means we are doing the right thing.

“Senate Republicans continue to focus on eliminating barriers to growth so job providers can expand their businesses and hire employees. Expert analysis continues to be bullish on Michigan. This bodes well for our future.”

The Bloomberg Economic Evaluation of States considered indicators such as personal income, tax revenue, employment and housing prices in its analysis, placing Michigan second only to North Dakota, a state in the midst of an oil boom.

The Bloomberg study follows the Fitch Ratings agency upgrade to Michigan’s bond rating outlook last summer.