Lansing's economy is diversified among government, manufacturing, healthcare, automobile manufacturing, banking, education and insurance. Healthcare comprises the largest portion of the services sector. Due to being the state capital, the city includes a large number of government employees.
Lansing includes offices and a manufacturing facility of General Motors. The company also has several manufacturing facilities in the area. Jobs are also provided by national insurance companies such as Jackson National Life, Auto-Owners Insurance, Michigan Millers Insurance Company and the Accident Fund.
Prima Civitias is an initiative created by Michigan State University in collaboration with Lansing and East Lansing. The initiative's objective is to increase economic development in the region's technology industry. In addition, numerous jobs are provided by the local information technology and biotechnology businesses.
Notable data regarding Lansing Michigan: In 2007 the estimated median household income was $37,000. In 2008 the cost of living index was at 79.6 which is lower than the country's average of 100. Regarding the adult residents, approximately 21% have a bachelor's degree or better.
Lansing has numerous significant employers including:
- State of Michigan
- General Motors
- Michigan State University
- Sparrow Health System
- Lansing School District
- Ingham Regional Medical Center
- Meijer Inc
- Lansing Community College
- City of Lancing
- Jackson National Life
- Clark Construction Company
- CMS Energy
- Consumers Energy
- Core Technology Corporation
- Auto-Owners Insurance
- Jackson National Life
- Emergent BioSolutions
- Peckham Inc
Some of the most popular jobs primarily filled by those with a college degree are registered nurses, teachers, management analysts, wholesale and manufacturing sales representatives; lawyers, financial specialists, social and human service assistants; public relations specialists, medical and health services managers; and financial managers.
The leading job providing segments in Lansing are:
- Trade, transportation and utilities
- Professional and business services
- Leisure and hospitality
- Financial activities
Lansing businesses have opportunities to team up with helpful organizations including:
- Lansing Regional Chamber of Commerce
- City of Lansing: Economic Development Corporation
- Michigan Economic Development Corporation
- Michigan Small Business & Technology Development Center
The Lansing State Journal is a good source for staying up-to-date on the local economy and the business community.