Today, Michigan's economy is poised for a once-in-a-generation recovery. The capital stock is an important source of propagation in slumps, a point that has escaped analysis in the cycle-around-trend view of fluctuations.Gross Domestic Product (GDP) serves as a key indicator of an economy's health, reflecting the total value of goods and services produced. (I:MRGDP02) Chart data for Michigan Real GDP from 1997 to 2022. In the second quarter, real GDP increased 3.0 percent. Consumer Confidence in the United States decreased to 73.20 points in January from 74 points in December of 2024. Please fill out this field.