Estimating the Economic Contribution of Michigan's Food Retail Industry
October 15, 2016
This report describes methodology and findings from a study of the economic contribution of the food retail industry in Michigan. Funded by the Associated Food and Petroleum Dealers, the analysis utilizes public data to quantify direct, indirect and induced economic effects.
Highlights of the report include:
An explanation of the major players in Michigan's food retail industry.
Combined contributions, as a percentage of the state's GDP, of Michigan's food retail industry to Michigan's economy.
Combined contributions, as a percentage of the state's overall employment, of Michigan's food retail industry to Michigan's employment status.
Average individual incomes supported by Michigan's food retail industry, and estimated state and local tax contributions associated with direct and indirect effects.
Multipliers related to the food retail industry’s job, labor income, and state GDP contributions.