Michigan Business & Employment Growth Since 2009

  • -6,019 fewer businesses
  • 564,415 more employees
  • 14.9% increase in total wages
  • $10,151 increase in annual wages per employee
  • 23.3% increase in wages per employee

Since 2009, the number of businesses in Michigan has grown by -2.4% (13.8% less than the national average of 11.4%). Employment in Michigan has grown by 14.9% (1.3% greater than the national average of 13.6%). Wages have grown by 23.4% since the end of the Great Recession. This wage growth is 2.3% less than the national average of 25.7%.
The average weekly wage in Michigan of $1,035 is 6.4% below the national average of $1,101. The gap between the national average has widened from 4.4% a widening of 2.0% since the end of the recession.

Sector Growth

Business Sector Growth

The Retail trade sector has the most businesses in the state of Michigan. Since the end of the recession, the number of businesses has grown from 31,500 to 32,246, a gain of 2.4%. The table below illustrates the change in number of businesses in each sector.
Sector20182009Pct Chg
Retail trade32,24631,5002.4%
Other services31,02321,22146.2%
Professional services27,62724,77811.5%
Healthcare21,72422,140-1.9%
Construction19,95223,735-15.9%
Accommodation and food services18,44218,0931.9%
Manufacturing16,07114,19113.2%
Waste services13,61912,6168.0%
Wholesale trade13,16916,284-19.1%
Finance and insurance11,67913,107-10.9%
Real estate and rental7,4197,2302.6%
Transport and warehousing6,6045,33923.7%
Information6,2873,30490.3%
Arts and entertainment3,5923,708-3.1%
Educational services3,0962,33832.4%
Agriculture and forestry2,8782,32024.1%
Company management1,29674274.7%
Utilities42537413.6%
Mining and oil extraction403421-4.3%

The sector that has had the strongest growth [in number of businesses] is the Other services sector, which has increased by 46.2% since 2009. The sector that has has the largest decline is the Construction sector, which has declined by 15.9% since the recession.

Employment Sector Growth

The Manufacturing sector has the most employees in the state of Michigan. Since the end of the recession, the number of employees has grown from 465,011 to 627,799, a gain of 35.0%. The table below illustrates the change in number of employees in each sector.
Sector20182009Pct Chg
Manufacturing627,799465,01135.0%
Healthcare595,185526,42313.1%
Retail trade469,074448,3984.6%
Accommodation and food services379,290320,02218.5%
Professional services297,431220,03035.2%
Waste services292,033229,17927.4%
Wholesale trade171,624151,05113.6%
Construction168,646123,88336.1%
Finance and insurance148,644134,90010.2%
Other services139,859121,93114.7%
Transport and warehousing125,61688,82541.4%
Company management68,43651,09533.9%
Educational services63,95561,9763.2%
Information56,24255,0442.2%
Real estate and rental54,70648,56812.6%
Arts and entertainment53,20457,330-7.2%
Agriculture and forestry30,30826,37814.9%
Utilities20,27919,6313.3%
Mining and oil extraction5,5465,5390.1%

The sector that has had the strongest employment growth [in number of employees] is the Manufacturing sector, which has increased by 35.0% since 2009. The sector that has has the largest employment decline in number of employees is the Arts and entertainment sector, which has declined by 7.2% since the recession.

Weekly Wage Growth By Sector

The Company management sector has the highest average weekly wage in the state of Michigan. Since the end of the recession, the average wage has grown from $1,916 to $2,452, a gain of 28.0%. The table below illustrates the change in weekly wage in each sector.
Sector20182009Pct Chg
Company management$2,452$1,91628.0%
Utilities$2,321$1,70736.0%
Professional services$1,691$1,36024.3%
Mining and oil extraction$1,598$1,20532.6%
Finance and insurance$1,540$1,16132.6%
Wholesale trade$1,467$1,18523.8%
Information$1,415$1,06932.4%
Manufacturing$1,299$1,12815.2%
Construction$1,199$95725.3%
Transport and warehousing$1,074$85525.6%
Healthcare$978$83017.8%
Real estate and rental$925$64443.6%
Educational services$751$62320.5%
Waste services$706$59019.7%
Arts and entertainment$650$55317.5%
Other services$640$51324.8%
Agriculture and forestry$635$45738.9%
Retail trade$598$48523.3%
Accommodation and food services$360$26137.9%

The sector that has had the strongest wage growth is the Unclassified sector, which has increased by 0.0% since 2009. The sector that has has the smallest wage growth is the Arts and entertainment sector, which has declined by 17.5% since the recession.


Industry Growth

Business Industry Growth

The Restaurants and other eating places industry has the greatest number of businesses in the state of Michigan. This industry currently has 13,602 businesses in it. There is no direct comparison to the total at the end of recession and is not included in the table below.

Industry20182009Pct Chg
Private households12,3923,881219.3%
Residential building construction5,5316,061-8.7%
Offices of physicians4,6906,125-23.4%
Computer systems design and related services4,5833,91117.2%
Offices of lawyers4,1034,738-13.4%
Insurance agencies and brokerages3,9043,5998.5%

The top industry that has had the largest increase in the number of businesses is the Private households industry, which has increased by 219.3% since 2009. The top industry that has has the largest decline in the number of businesses is the Offices of physicians industry, which has declined by 23.4% since the recession.

Employment Industry Growth

The Restaurants and other eating places industry has the greatest number of employees in the state of Michigan. This industry currently has 292,492 employees in it. There is no direct comparison back to the total at the end of the recession and is not included in the table below.

Industry20182009Pct Chg
General medical and surgical hospitals201,581183,6709.8%
Temporary help services113,51668,43365.9%
Offices of physicians73,11370,9483.1%
Management of companies and enterprises68,43651,09533.9%
Engineering services55,51432,83069.1%

The top industry that has had the largest increase in the number of employees is the Temporary help services industry, which has increased by 65.9% since 2009. The top industry that has has the largest decline in the number of employees is the Offices of physicians industry, which has declined by 3.1% since the recession.

Weekly Wage Growth By Industry

The Spectator sports industry has the highest average weekly wage in the state of Michigan. Since the end of the recession, the average wage has grown from $2,754 to $4,742, a gain of 72.2%. The table below illustrates the change in weekly wage in each sector.
Industry20182009Pct Chg
Spectator sports$4,742$2,75472.2%
Investment banking and securities dealing$4,444$2,95450.4%
Coal and other mineral merchant wholesalers$3,802$3,34213.8%
Management training$3,208$2,15049.2%
Securities brokerage$3,004$1,81865.2%
Other financial vehicles$2,956$4,585-35.5%
Other insurance funds$2,861$1,48392.9%

The top industry that has had the strongest wage growth is the Spectator sports industry, which has increased by 72.2% since 2009. The top industry that has has the largest wage decline is the Other financial vehicles industry, which has declined by 35.5% since the recession.


Company Size

Business Growth By Company Size

The biggest percentage change in the number of businesses has been in businesses with 500 to 999 employees. The number of businesses with this number of employees has grown from 287 to 411, which is an increase of 43.2%.

The smallest percentage change in the number of businesses has been in businesses with fewer than 5 employees. The number of businesses with this number of employees has grown from 154,892 to 141,651, which is an increase of -8.5%.

Table: Change in the number of Businesses by Size of Business, since the Recession:

Company SizeQ1 2018Q1 2010% Change
Fewer than 5 Employees141,651154,892-8.5%
5-9 Employees38,88737,6853.2%
10-19 Employees26,34824,6037.1%
20-49 Employees18,63615,66719.0%
50-99 Employees6,3775,73811.1%
100-249 Employees4,2633,58219.0%
250-499 Employees1,18492228.4%
500-999 Employees41128743.2%
More Than 1,000 Employees24217637.5%


Employment Growth by Company Size

The biggest percentage change in the number of employees has been in businesses with 1,000 or more employees. The number of employees in companies this size has grown from 385,753 to 566,819, which is an increase of 46.9%.

The smallest percentage change in the number of employees has been in businesses with 5 to 9 employees. The number of employees with this number of employees has grown from 247,575 to 254,708, which is an increase of 2.9%.

Table: Change in the number of Employees by Size of Business, since the Recession:

Company SizeQ1 2018Q1 2010% Change
Fewer than 5 Employees223,082201,09810.9%
5-9 Employees254,708247,5752.9%
10-19 Employees352,750328,7437.3%
20-49 Employees555,908467,38018.9%
50-99 Employees439,261394,19211.4%
100-249 Employees638,019532,55219.8%
250-499 Employees393,008309,81826.9%
500-999 Employees273,086192,65941.7%
More Than 1,000 Employees566,819385,75346.9%


Weekly Wage Growth by Company Size

The biggest percentage change in the average weekly wage has been in businesses with 1,000 or more employees. The average weekly wage in companies this size has grown from $1,080 to $1,579, which is an increase of 46.2%.

The smallest percentage change in the average weekly wage has been in businesses with 20 to 49 employees. The average weekly wage in companies this size has grown from $706 to $860, which is an increase of 21.8%.

Table: Change Average Weekly Wage by Size Since the Recession:

Company SizeQ1 2018Q1 2010% Change
Fewer than 5 Employees$953$70135.9%
5-9 Employees$797$62228.1%
10-19 Employees$819$65225.6%
20-49 Employees$860$70621.8%
50-99 Employees$982$75430.2%
100-249 Employees$1,090$82632.0%
250-499 Employees$1,151$83937.2%
500-999 Employees$1,310$1,02028.4%
More Than 1,000 Employees$1,579$1,08046.2%



Data Sources




About the Writer

This page was created and is maintained by Kurt Tietjen, Founder of Stavera, High Peak Media & HomeGearWorks.com. Kurt is an executive, data scientist and software engineer who holds an MBA in Management Information Systems. In 2010, he partnered with scientists at Northwestern University to launch The Street Wire. This was one of the first mainstream uses of what would become “Narrative Science”, an artificial intelligence platform specializing in natural language generation. You can contact Kurt on LinkedIn here.