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Benchmarking Report Highlights Lansing’s Economic Surge and Startup Strength

Michigan Business Network: sotr


Michigan Business Network: LEAP logoUpdated State of the Region Benchmarking Report offers key insights on economic vitality of Lansing

The Lansing Regional Chamber of Commerce (LRCC) and the Lansing Economic Area Partnership (LEAP) are pleased to introduce the 2025 State of the Region Benchmarking Report, offering a refreshed and data-driven perspective on the economic competitiveness of the Lansing region.

Michigan Business Network: Tim Daman“This report offers both a clear assessment of where we stand as a region and a rallying point for where we need to go,” said Tim Daman, president & CEO of the Lansing Regional Chamber of Commerce (left). “The data confirms that we are gaining ground in key areas like innovation and high-tech job growth. At the same time, it’s a call to action—addressing our shared challenges will require bold, collaborative leadership and strategic investment to ensure Lansing remains competitive in a rapidly evolving economy.”

Conducted by Anderson Economic Group, the benchmarking report continues efforts to assess how the Lansing region—encompassing Ingham, Eaton and Clinton counties—compares to peer regions across the country, including Ann Arbor, Grand Rapids, Nashville, Des Moines, Greenville, Hartford, Columbus, Madison, Indianapolis, Minneapolis, and Durham–Chapel Hill.

Michigan Business Network: LEAP Bob Trezise“This report is both a moment of affirmation and a challenge,” said Bob Trezise, president and CEO of the Lansing Economic Area Partnership (LEAP)(left). “It affirms that our regional economic plan is on the right track—making real progress in entrepreneurship, innovation, and talent development. At the same time, it challenges us to triple down on that momentum and focus our energy on solving persistent issues like population loss and housing shortages. This is a pivotal moment for the Lansing region, and LEAP is proud to be part of the collaborative leadership working to turn data into action.”

The updated benchmarking data tells a compelling story. The Lansing region is making important strides, with clear momentum in several key areas and outpaces many peers in GDP growth, high-tech job creation, STEM degree attainment, new business establishments, and the strength of our Gen Z population. Encouragingly, Lansing’s venture capital activity is on the rise, signaling growing confidence in our startup ecosystem and long-term innovation potential.

At the same time, the data highlights critical challenges that must be addressed. Despite sharing similar assets, the Lansing region continues to lag behind peer communities. Ongoing population decline, stagnant household income, limited housing supply, and a relatively small private sector all pose obstacles to our long-term competitiveness. These insights underscore the need for coordinated regional leadership, strategic investment, and a united vision to tackle these issues and position our region for future success.

The insights in this report provide metrics that can serve as a roadmap for change and provide the foundation for actionable strategies to ensure Lansing continues to be a competitive and desirable place to live, work, and do business.

Michigan Business Network: LEAP LRCC SotR reportThe 2025 State of the Region Benchmarking Report is available to read and download at lansingchamber.org/sotr Here’s what regional business leaders are saying… “This report reinforces that Lansing’s greatest strength is its people. Our region’s growth in high-tech jobs and STEM talent signals that we are well-positioned to lead in the industries of tomorrow.” Mike Zamiara, CEO, Niowave

“The benchmarking data is a reminder that a vibrant private sector is essential for a healthy economy. We’re encouraged by the progress, but sustained growth will require deeper partnerships between business and local communities.” Kelly Preston, President, Capital Steele and Wire

“Strong economic momentum can only be sustained with intentional investments in housing and infrastructure. This report provides a clear framework for the work that lies ahead.” Carrie Rosingana, CEO, Capital Area Michigan Works!

“Seeing Mid-Michigan’s startup ecosystem gain national traction is exciting. We must continue to build a culture that nurtures entrepreneurship and supports risk-takers who are driving innovation.” David Washburn, Chief Executive Officer, Michigan State University Research Foundation

“Economic growth requires partnership. This report illustrates the power of regional collaboration and the importance of thriving communities that attract and retain talent.” Amy Scoby, Senior Vice President, The Christman Company

“Lansing’s gains in GDP and venture capital are proof points that we are on the rise. With continued bold leadership, we can transform these promising trends into lasting economic strength.” Steve Robinson, President, Lansing Community College

About the Lansing Regional Chamber of Commerce: The Lansing Regional Chamber of Commerce works relentlessly to help businesses connect, grow, and thrive. No mid-Michigan business stands alone when they are a member of the Chamber. For 124 years, the Lansing Chamber has served as the voice of the Greater Lansing business community. More information about LRCC and its programs and services can be found online at lansingchamber.org, Facebook, Instagram (@lansingregionalchamber), Twitter (@lansingchamber) and LinkedIn.

               Michigan Business Network: LRCC announcement                                                          ###

About the Lansing Regional Chamber of Commerce: The Lansing Regional Chamber of Commerce works relentlessly to help businesses connect, grow, and thrive. No mid-Michigan business stands alone when they are a member of the Chamber. For 124 years, the Lansing Chamber has served as the voice of the Greater Lansing business community. More information about LRCC and its programs and services can be found online at lansingchamber.org, Facebook, Instagram (@lansingregionalchamber), Twitter (@lansingchamber) and LinkedIn.
 

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