From University of Michigan economist Donald Grimes’s guest commentary in Bridge:
(W)hen you look at a different data set generated by the U.S. Bureau of Economic Analysis that looks at annual average employment back to 1969, you can see that Wayne County’s private sector wage and salary employment performance never exceeded the U.S., until 2010.
Not in a single year before 2010 did private sector employment grow faster or decline less in Wayne than in the United States overall. Yet Wayne has beaten the U.S. in two out of the last three years, and is only slightly trailing the U.S. in the most recent year.
… (T)he data indicate that the prospects for employment growth in the private sector in Wayne County, relative to the U.S., are the best they have been in over 40 years. Thus, once the local government financial problems are brought under control, Wayne County’s economy could have a much brighter future.