An economics research institution has said that Michigan is Most Improved State of 2014. The American Economic Development Institutes annual Top 10 Pro-business States report ranked Michigan the most improved state because of a spectacular 21-position climb in rank from 2012 to 2014.
The rapid improvement in their ranking reflects a solid economic development plan and implementation along with consistent political support.
Michigan ranked 39th in the country just two years ago, but has climbed all the way to the 18th spot. Overall, Michigan ranked number 3 among the nation’s top 10 most populous states and number 2 among the eight Great Lakes States.
When announcing the awards the Institute said that key factors in improving the state’s business climate were passing the Right to Work legislation and repealing the criticized MBT business tax. Michigan also came in 1st in the nation for high tech job growth from 2011 to 2013.