Michigan: Spending vs Population
Federal spending grew -51.9% while population grew 1.5%.
Spending Growth
-51.9%
Population Growth
1.5%
Status
Balanced
Population growing at pace with spending
Year-over-Year Growth Rates
Spending YoY %
Population YoY %
0.0% / -0.0%
19
0.0% / 0.9%
20
0.0% / -0.3%
21
0.0% / 0.1%
22
0.0% / 0.3%
23
0.0% / 0.6%
24
-20.9% / 0.0%
25
-39.3% / 0.0%
26
Yearly Data
| Year | Spending | Population | Per Capita | Spend YoY | Pop YoY |
|---|---|---|---|---|---|
| 2018 | $0 | 10.0M | — | — | — |
| 2019 | $0 | 10.0M | — | — | -0.0% |
| 2020 | $0 | 10.1M | — | — | 0.9% |
| 2021 | $0 | 10.0M | — | — | -0.3% |
| 2022 | $0 | 10.1M | — | — | 0.1% |
| 2023 | $0 | 10.1M | — | — | 0.3% |
| 2024 | $3.69B | 10.1M | $364.35 | — | 0.6% |
| 2025 | $2.92B | 10.1M | $288.38 | -20.9% | 0.0% |
| 2026 | $1.78B | 10.1M | $175.18 | -39.3% | 0.0% |