About Michigan economy

Michigan has a diverse economy. The primary (agriculture / mining) and secondary (industry) sector, are of paramount importance for the economy. In the first half of the 19th Century won the agriculture in Michigan in importance, which until today. Major agricultural products are dairy products, corn, soybeans and cattle. Michigan is also a leader in the production of cherries and apples. Around 3 billion U.S. dollars will be used by crops. The timber industry plays no significant role. It is mainly used only in the West Upper Michigan operated and the wood is used mostly in paper production. The fishery also contributes little to the economy. The value of the annual catch is only 11 million U.S. dollars. The mining industry plays an important role in Michigan. He is an important pillar for the industry. There are abundant deposits of ores and also natural gas and petroleum are in the middle north and south encouraged. The main commodities are iron ore, petroleum, natural gas, cement and copper. The promotion of salt is also very important. Michigan is also major exporter of gravel, peat, silver and potash, which from the numerous swamps won. The mainstay of the economy is the industry. Michigan is one of the leading industrial states of the United States.

Michigan real estate values

Michigan real estate markets

The most popular real estate markets for the Michigan state are in the following areas:

•    Detroit
•    Dearborn
•    Grand Rapids
•    Eastpointe
•    canton
•    Bay City
•    Battle Creek
•    Macomb
•    Redford
•    Sterling Heights
•    Lincoln Park

Bear in mind that the list of Michigan real estate markets may be subject to change due to economic issues.