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The metro area's resilience has kept the state's economy growing in spite of difficulties. From the third quarter of 2006 to the fourth quarter of 2009, Metro Detroit's residential resale housing market struggled, along with the residential real estate trend across the United States creating opportunities for buyers.
Metro Detroit is a major metropolitan area in the U.S. state of Michigan, consisting of the city of Detroit and over 200 municipalities in the surrounding area. [2] There are varied definitions of the area, including the official statistical areas designated by the Office of Management and Budget, a federal agency of the United States.
The Detroit Region Aerotropolis (also referred to as the DRA, Detroit Aerotropolis or Michigan Aerotropolis) is a four-community, two-county public-private economic development partnership focused on driving corporate expansion and new investments around Wayne County Airport Authority's airports: Detroit Metropolitan Airport and Willow Run Airport. [1]
Detroit's unemployment, housing, and economy are trending in the right direction, and JPMorgan Chase has been a big part of the turnaround. JPMorgan Chase’s $200 million investment in Detroit ...
The Office of Management and Budget (OMB) has designated more than 1,000 statistical areas for the United States and Puerto Rico. [2] These statistical areas are important geographic delineations of population clusters used by the OMB, the United States Census Bureau, planning organizations, and federal, state, and local government entities.
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Tourism in metropolitan Detroit, Michigan is a significant factor for the region's culture and for its economy, comprising nine percent of the area's two million jobs. [1] About 19 million people visit Metro Detroit spending an estimated 6 billion in 2019. [2] In 2009, this number was about 15.9 million people, spending an estimated $4.8 billion.
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