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2006 Impacts of Michigan’s Small Business and Technology Development Centers April 13, 2007.

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Presentation on theme: "2006 Impacts of Michigan’s Small Business and Technology Development Centers April 13, 2007."— Presentation transcript:

1 2006 Impacts of Michigan’s Small Business and Technology Development Centers April 13, 2007

2

3 2006 Unemployment Rates by County Michigan U.S. 6.91% 4.9% Source: CEA calculations of Bureau of Labor Statistics LAU Series

4 2006 Unemployment Rates by SBTDC Region Michigan U.S. 6.91% 4.9% Source: CEA calculations of Bureau of Labor Statistics LAU Series

5 How Industries Impact Employment

6 Relative Growth of Total Employment: 2001 – 2006 SBTDC Region to State Total Region’s Growth Exceeds the State Region’s Growth Less than State Source: CEA Calculations and Woods and Poole

7 Relative Growth of Total Employment: 2001 – 2006 SBTDC Region to State Total Region’s Growth Exceeds the State Region’s Growth Less than State Source: CEA Calculations and Woods and Poole

8 Relative Growth of Agricultural Employment: 2001 – 2006 SBTDC Region to State Total Region’s Growth Exceeds the State Region’s Growth Less than State Source: CEA Calculations and Woods and Poole

9 Relative Growth of Agricultural Services Employment: 2001 – 2006 SBTDC Region to State Total Region’s Growth Exceeds the State Region’s Growth Less than State Source: CEA Calculations and Woods and Poole

10 Relative Growth of Mining Employment: 2001 – 2006 SBTDC Region to State Total Region’s Growth Exceeds the State Region’s Growth Less than State Source: CEA Calculations and Woods and Poole

11 Relative Growth of Construction Employment: 2001 – 2006 SBTDC Region to State Total Region’s Growth Exceeds the State Region’s Growth Less than State Source: CEA Calculations and Woods and Poole

12 Relative Growth of Manufacturing Employment: 2001 – 2006 SBTDC Region to State Total Region’s Growth Exceeds the State Region’s Growth Less than State Source: CEA Calculations and Woods and Poole

13 Relative Growth of Transportation, Communications and Public Utilities Employment: 2001 – 2006 SBTDC Region to State Total Region’s Growth Exceeds the State Region’s Growth Less than State Source: CEA Calculations and Woods and Poole

14 Relative Growth of Retail Trade Employment: 2001 – 2006 SBTDC Region to State Total Region’s Growth Exceeds the State Region’s Growth Less than State Source: CEA Calculations and Woods and Poole

15 Relative Growth of Wholesale Trade Employment: 2001 – 2006 SBTDC Region to State Total Region’s Growth Exceeds the State Region’s Growth Less than State Source: CEA Calculations and Woods and Poole

16 Relative Growth of Financial Services Employment: 2001 – 2006 SBTDC Region to State Total Region’s Growth Exceeds the State Region’s Growth Less than State Source: CEA Calculations and Woods and Poole

17 Relative Growth of Services Employment: 2001 – 2006 SBTDC Region to State Total Region’s Growth Exceeds the State Region’s Growth Less than State Source: CEA Calculations and Woods and Poole

18 Percent of Business Establishments Employing Less than 20 Workers Source: CEA Calculations and U.S. Census County Business Patterns 2002

19 Percent of Business Establishments Employing Less than 20 Workers Source: CEA Calculations and U.S. Census County Business Patterns 2002

20 Proportion of State Establishments with More than 1000 Employees Source: CEA Calculations and U.S. Census County Business Patterns 2002

21 Proportion of State Establishments with More than 1000 Employees Source: CEA Calculations and U.S. Census County Business Patterns 2002

22 Source: Regional Economic Modeling Inc. MI-SBTDC 2006: Jobs Creation

23 Source: Regional Economic Modeling Inc. MI-SBTDC 2006: Sales Generation

24 Source: Regional Economic Modeling Inc. MI-SBTDC 2006: Tax Generation

25 MI-SBTDC 2006 3-Year Projection: Jobs Creation Source: Regional Economic Modeling Inc.

26 MI-SBTDC 2006 3-Year Projection: Sales Generation Source: Regional Economic Modeling Inc.

27 MI-SBTDC 2006 3-Year Projection: Tax Generation Source: Regional Economic Modeling Inc.

28 Source: MI-SBTDC MI-SPTDC 2006 Budget: Revenue Sources

29 Sources: MI-SBTDC, Regional Economic Modeling Inc. MI-SPTDC 2006 Rate of Return from Budget Sources* * Current prime rate of 8.25% applied to discounting

30 PowerPoint presentation can be downloaded at, www.cea.msu.edu For further information, contact


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