Southeastern Michigan Data Center
State-of-the-art information and analysis on economic, demographic and business trends in Southeastern Michigan. Data compiled from a wealth of sources is available all in one convenient site. Continuous and automatic updating means the information is always current.The Southeast Michigan Data Center at Oakland University is founded and led by Economics Professor Dr. Jonathan Silberman.
February 8, 2016
Employment locally has rebounded since the recession end at a rate consistent with other regions, but employment remains below 2006 levels.
SE Michigan Employment Before and After the Recession
January 14, 2016
Southeastern Michigan's job recovery from the recession is broad-based.
Metro Detroit Traded Clusters
November 12, 2015
Detroit’s economy remains exceedingly reliant on the Automotive and related traded clusters. Efforts to diversify the local economy have not been successful.
Per-Capita Real GDP
September 30, 2015
Metro Detroit has recovered from its severe economic decline that began before the Great Recession.
August 3, 2015
Detroit has an incredibly strong Architectural and Engineering base, which is counterbalanced by its weaknesses in the scientific fields. If Detroit can encourage growth beyond its current STEM generation in Engineering and Logistics, it may see substantial economic benefit.
Rate of New Entrepreneurs
July 27, 2015
Metro Detroit has further to go to become an entrepreneurship and innovation hub.
25 to 34 Year Olds with a College Degree
June 4, 2015
The availability of talented young workers plays a key role in economic growth and urban revitalization. While the Detroit-Warren-Livonia metro area ranks low in the growth of 25 to 34 Year Olds with a college degree and the percentage of these workers in the population, recent development in the City of Detroit and the movement of corporate headquarters from suburbs to downtown is changing the region’s attractiveness to talented young workers.
Venture Capital Investments
March 26, 2015
Michigan and Metro Detroit do not rank high as a recipient of Venture Capital investments. Venture capital is concentrated in the fast growing information technology, life sciences and biotechnology fields. These fields are not areas of relative strength in Metro Detroit.
Metro Detroit Lags U.S. in Apartment Construction
February 11, 2015
Metro Detroit lags other cities in apartment construction and in percentage of population in rental housing. The region needs to catch up to attract new workers.
Real Median Household Income - No Recovery from Recession
November 14, 2014
Real median household income for both Southeastern Michigan and the nation remains substantially below the levels of 2008, when the Great Recession started.
Manufacturing Revitalization in Southeastern Michigan
October 9, 2014
Since the end of the recession in June 2009 manufacturing employment in Southeastern Michigan has accelerated at a faster pace than that experienced in the Nation, a five-year period of sustained performance not seen previously.
March 10, 2016
Traded clusters are the “engines” of regional economies; without strong traded clusters, it is virtually impossible for a region to reach high levels of overall economic performance.
The Impacts of Minimum Wage
January 14, 2016
A more effective policy to help the working poor than the minimum wage or the earned-income tax credit is a direct wage subsidy.
Fiat-Chrysler Merger With GM?
December 3, 2015
Fiat Chrysler Automobiles (FCA) chief Sergio Marchionne is proposing a potential merger with General Motors. In light of the conditions in today’s auto industry, his reasoning is well-grounded in business strategy and economics.
Moral Hazard Vs. Systemic Risk
September 10, 2015
Faced with a choice between creating a moral hazard and avoiding systemic risk, policy makers will almost always choose the latter.
Will the Fed Raise Interest Rates in September?
August 13, 2015
An improving economy and labor market in August will keep expectations high that at least one rate hike will occur later this year, most likely in September.
Labor Market Better - But Not Vigorous
July 9, 2015
Employment growth of Metro Detroit residents is positive but remains below the national and Michigan rates. The number employed part time but looking for full-time work remains elevated.
International Trade Boosts U.S. Economy
May 28, 2015
Michigan is a major beneficiary of trade including being on the top destinations for foreign-headquartered multinational firms in the U.S.
Special Interests: Roadblocks to tax reform
April 16, 2015
Despite widespread disdain for the current tax system, reform efforts have consistently failed. A major reason for the lack of progress is the "special interest bias".
Real Estate Report Card
April 2, 2015
Grading the Metro Detroit real estate market since the end of the recession in June 2009.
Economic Forecast: A stronger dollar, falling interest rates and perhaps a growth in wages
February 12, 2015
A stronger dollar and falling interest rates, two surprising trends last year, continue into 2015.
Boosting U.S. Economic Growth
January 14, 2015
Jonathan Silberman, Ph.D., suggests structural reforms such as bringing innovation to sectors that are isolated from global competition, like government, education and healthcare.