# Real GDP: Real GDP by state: Wholesale trade (42) — Michigan (chained 2017 USD mn (SAAR))

Real GDP: Real GDP by state: Wholesale trade (42) — Michigan (chained 2017 USD mn (SAAR)) was up 3.2% year on year in Q2 2026, compared with 7.4% in Q1 2026.
The level stood at 37,323 chained 2017 USD mn (SAAR).
That is the lowest reading since Q4 2024.
Over the past ten years it has ranged from −9.9% (Q2 2020) to 12.4% (Q4 2025), averaging 1.2%.

- Source agency: U.S. Bureau of Economic Analysis (Regional Economic Accounts)
- Makrognosis code: `US-MI.GDP.Q.SA.IND-BEA34`
- Frequency: quarterly
- Units: chained 2017 USD mn (SAAR)
- Coverage: 2005-01-01 to 2026-04-01 (86 observations)
- Page: https://makrognosis.robomacro.com/data/united-states/real-gdp-real-gdp-by-state-wholesale-trade-42-michigan-chained-2017-usd

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| Q2 2026 | 37,323 chained 2017 USD mn (SAAR) | 3.2 |
| Q1 2026 | 37,028 chained 2017 USD mn (SAAR) | 7.4 |
| Q4 2025 | 37,986 chained 2017 USD mn (SAAR) | 12.4 |
| Q3 2025 | 36,614 chained 2017 USD mn (SAAR) | 11.5 |
| Q2 2025 | 36,164 chained 2017 USD mn (SAAR) | 10.6 |
| Q1 2025 | 34,468 chained 2017 USD mn (SAAR) | 7.0 |
| Q4 2024 | 33,794 chained 2017 USD mn (SAAR) | 2.9 |
| Q3 2024 | 32,852 chained 2017 USD mn (SAAR) | −0.3 |
| Q2 2024 | 32,709 chained 2017 USD mn (SAAR) | −0.7 |
| Q1 2024 | 32,207 chained 2017 USD mn (SAAR) | −3.0 |
| Q4 2023 | 32,825 chained 2017 USD mn (SAAR) | 0.4 |
| Q3 2023 | 32,947 chained 2017 USD mn (SAAR) | 3.3 |
| Q2 2023 | 32,951 chained 2017 USD mn (SAAR) | 6.2 |
| Q1 2023 | 33,215 chained 2017 USD mn (SAAR) | 3.7 |
| Q4 2022 | 32,702 chained 2017 USD mn (SAAR) | −1.0 |
| Q3 2022 | 31,905 chained 2017 USD mn (SAAR) | −1.8 |
| Q2 2022 | 31,037 chained 2017 USD mn (SAAR) | −8.6 |
| Q1 2022 | 32,019 chained 2017 USD mn (SAAR) | −6.2 |
| Q4 2021 | 33,026 chained 2017 USD mn (SAAR) | −5.1 |
| Q3 2021 | 32,497 chained 2017 USD mn (SAAR) | −7.6 |
| Q2 2021 | 33,958 chained 2017 USD mn (SAAR) | 12.0 |
| Q1 2021 | 34,126 chained 2017 USD mn (SAAR) | −0.9 |
| Q4 2020 | 34,803 chained 2017 USD mn (SAAR) | 1.9 |
| Q3 2020 | 35,185 chained 2017 USD mn (SAAR) | 2.1 |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/US-MI.GDP.Q.SA.IND-BEA34"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/US-MI.GDP.Q.SA.IND-BEA34",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```