The Great Lakes Economy: The Growth Engine of North America #Infographic

The Great Lakes Economy: The Growth Engine of North America #Infographic

We don't really think of the states and Canadian provinces that surround the Great Lakes as their own economy-but maybe we should.

The country is tightly interconnected in terms of commerce, after all. It alone accounts for more than 50 percent of all bilateral border trade between the United States and Canada and sees more than 200 million tons of cargo shipped annually. It would have a GDP of US$ 6 trillion if it were its own country-making it the world's third largest economy.

The Great Lakes Region comprises eight states (Minnesota, Wisconsin, Illinois , Indiana, Michigan, New York, Ohio, and Pennsylvania) and two provinces in Canada (Ontario and Quebec) surrounding the five interconnected freshwater bodies known as the Great Lakes. The region is home to 107 million people, 51 million jobs and a US$ 6 trillion GDP – making the Great Lakes Economy a global powerhouse.

The area is especially well-known worldwide for its successful prowess. It is home to giants in the automobile and aerospace sectors such as Ford, GM, Chrysler, Bombardier, GE Aviation and Magna International and many other diverse industries as well. Some of the other major industries that generate business for the region are education and health, shipping and logistics, agriculture , mining and energy, tourism, and finance.

The Great Lakes Economy: The Growth Engine of North America #Infographic

infographic by: councilgreatlakesregion.org

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