Quarterly gross state product

July 19, 2010
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Quarterly gross state product

Current quarter: Michigan quarterly real gross state product in the first quarter, seasonally adjusted: $344.7 billion at constant 2005 prices. 

Previous quarter: Michigan quarterly real gross state product in the fourth quarter, seasonally adjusted: $341.5 billion at constant 2005 prices.

A year ago: Michigan quarterly gross state product in the first quarter of last year, seasonally adjusted: $336.2 billion at constant 2005 prices.

Growth in quarterly gross state product

Michigan quarterly gross state product, adjusted for seasonal factors, went up 3.8 percent annual rate in the first quarter from the previous quarter.

Michigan quarterly gross state product, adjusted for seasonal factors, went up 2.5 percent annual rate in the first quarter from the same quarter a year ago.

National quarterly domestic product

For the nation, real gross domestic product, the national counterpart to gross state product, increased by 2.7 percent in the first quarter to $13,239 billion at constant 2005 prices, seasonally adjusted.

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