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Hey! Amazon! How About Michigan?

Sigma Investment Counselors

November 29, 2017

It is well known that Amazon is seeking a location for a new major investment.  Not so well known is the progress that Michigan has made since the Great Recession ended in 2009.  The recently released 2017 Michigan Economic Competiveness Study confirms that Michigan is making great progress at the state level.

Consider:

Clearly, Michigan is great place to work, but it is also a great place to play.  For spectators, the state has all four major professional sports leagues, plus the very popular sport of auto racing, not to mention numerous nationally ranked college teams.  For participants, the state offers the wide range of outdoor activities that only an area with all four seasons can offer, including more boating opportunities than nearly anywhere else.

However, all of the foregoing not withstanding, the number one reason to come to Michigan, is fresh water.  Water is already a problem in much of the U.S. and the world.  Looking ahead, water is almost certain to become more expensive and more controversial.  Michigan is right in the middle of one of the largest supplies of fresh water in the world.

All comments and suggestions are welcome.

Walter J. Kirchberger, CFA®

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