Innovation in the state's economy was unchanged during the second quarter, ending a year of decline, but a quarterly index from the University of Michigan-Dearborn finds that job creation lagged other indicators.
The quarterly Innovation Index remained at 80.0 during the second quarter after falling each quarter since reaching 96.0 points for the second quarter of 2008. The index tracks trademark applications, Small Business Administration loans, venture capital funding, new business formation and other indicators.
Michigan Innovation Index unchanged for 2Q, but job creation lags | Michigan Job Search - - Latest Michigan Jobs & Career Opportunities - MLive.com
