Michigan: Spending vs Population
Federal spending grew -69.2% while population grew 0.6%.
Spending Growth
-69.2%
Population Growth
0.6%
Status
Balanced
Population growing at pace with spending
Year-over-Year Growth Rates
Spending YoY %
Population YoY %
0.0% / -0.1%
20
0.0% / -0.3%
21
0.0% / 0.1%
22
0.0% / 0.3%
23
0.0% / 0.6%
24
-35.5% / 0.0%
25
-52.3% / 0.0%
26
Yearly Data
| Year | Spending | Population | Per Capita | Spend YoY | Pop YoY |
|---|---|---|---|---|---|
| 2019 | $0 | 10.1M | — | — | — |
| 2020 | $0 | 10.1M | — | — | -0.1% |
| 2021 | $0 | 10.0M | — | — | -0.3% |
| 2022 | $0 | 10.1M | — | — | 0.1% |
| 2023 | $0 | 10.1M | — | — | 0.3% |
| 2024 | $199.13B | 10.1M | $20K | — | 0.6% |
| 2025 | $128.47B | 10.1M | $13K | -35.5% | 0.0% |
| 2026 | $61.29B | 10.1M | $6K | -52.3% | 0.0% |