14 Core Economic Indicators National Ranking
Economic Scale & Vitality National Ranking
Innovation & Enterprise National Ranking
Human & Capital Living National Ranking
Structural & Policy National Ranking
STATE PERFORMANCE GAUGE CHARTS
US STATES ECONOMIC & INNOVATION COMPETITIVENESS
An executive-grade benchmarking index developed by theboardiQ LLC to evaluate and rank the macroeconomic strength, innovation capacity, and structural competitiveness of 50 States in the United States.
Designed for corporate board directors, institutional investors, and policymakers, the index synthesizes raw macroeconomic and institutional data into a standardized 0–100 Composite Score across 4 Strategic Macro Pillars and 14 Underlying Sub-Metrics.
The Executive Dashboard incorporates a boardroom governance matrix mapping strategic mandates, benchmark metrics, director compensation, and critical oversight inquiries across 9 Board Roles/Industry Lens
COMPETITIVENESS SWOT
Michigan
Strengths
• Premier national automotive and mobility design/manufacturing hub (#5 manufacturing rank)• Top-tier industrial R&D performance (#6) and strong higher education research institutions• Abundant Great Lakes freshwater resources and low cost of living (#17)
Weaknesses
• Below-average population growth and persistent high-tech skill shortages• Moderate labor force participation (58.0%) and elevated unemployment rate (5.0%)• Legacy municipal infrastructure backlogs and industrial legacy site remediation costs
Opportunities
• EV battery gigafactory construction, autonomous vehicle software, and clean mobility tech• Advanced manufacturing automation and defense industry diversification• Great Lakes blue-economy expansion and eco-tourism growth
Threats
• Global competition in electric vehicle transition from international automakers• Automation reducing total manufacturing labor requirements• Severe weather and climate disruptions affecting industrial supply chains
METRICS DEEPDIVE
Economic Scale & Vitality
GDP
Trade
Trade Overall Rank | Trade Surplus / Deficit | Exports in Millions USD | Total US Overall Exports 2026 YTD | Export % |
|---|---|---|---|---|
48 | -$71,267 | $42,561 | $1,639,475 | 2.60% |
Imports in Millions USD | Total US Overall Imports 2026 YTD | Import % |
|---|---|---|
$113,828 | $2,415,187 | 4.71% |