Michigan Quarterly Gross State Product falls

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    Current quarter. Michigan quarterly real gross state product in the second quarter, seasonally adjusted: $335.6 billion at constant 2005 prices. 

    Previous quarter. Michigan quarterly real gross state product in the first quarter, seasonally adjusted: $338.8 billion at constant 2005 prices.

    A year ago. Michigan quarterly gross state product in the second quarter of last year, seasonally adjusted: $359.6 billion at constant 2005 prices.

    Growth in Quarterly Gross State Product

    Michigan quarterly gross state product, adjusted for seasonal factors, fell at a 3.7 percent annual rate in the second quarter from the previous quarter.

    Michigan quarterly gross state product, adjusted for seasonal factors, dropped by a 6.7 percent annual rate in the second quarter from the same quarter a year ago.

    National Quarterly Domestic Product

    For the nation, real gross domestic product, the national counterpart to gross state product, went down by 0.7 percent in the second quarter to $12,902 billion at constant 2005 prices, seasonally adjusted.

    Provided by e-forecasting.com.

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