Some numbers that sound very good on paper about the state's economy have been release. Mileage in the real world may vary but the indicators are positive.
The Economic Development Coalition of Southeast Michigan says a total 117 projects have invested a total of $4 billion in the metro area during 2007. These investments helped create 16,610 jobs and retained another 9,552.
The report summarizes regional business and attraction and expansion successes reported by Economic Development Coalition of Southeast Michigan agencies. It's not a comprehensive detailing of every project undertaken in the region. It is more of a snapshot of growth and development from the region's largest economic development organizations.
Economic Development Coalition of Southeast Michigan was convened by Detroit Renaissance and announced its formation last November. Its members include Ann Arbor SPARK, Automation Alley, Detroit Economic Growth Corporation, Detroit Regional Economic Partnership, Detroit Regional Chamber of Commerce, Michigan Economic Development Corporation, Detroit Renaissance, Macomb County, Oakland County, NextEnergy, TechTown, Tourism Economic Development Council and Wayne County.
Source: PRNewswire
Writer: Jon Zemke
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