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 provinces in Canada that surround the Great Lakes as their own economy-but maybe we should.

The world, after all, is closely interconnected in terms of trade. It alone accounts for more than 50 per cent of all bilateral U.S.-Canada border trade and sees more than 200 million tons of cargo shipped each year. If it were its own country-making it the world's third largest economy, it would have a GDP of US$ 6 trillion.
The Great Lakes Area includes eight states (Minnesota, Wisconsin, Illinois , Indiana, Michigan, New York, Ohio, and Pennsylvania) and two provinces across the five interconnected freshwater bodies known as the Great Lakes in Canada (Ontario and Quebec). The country has 107 million inhabitants, 51 million jobs and 6 trillion US dollars of GDP – making the Great Lakes Economy a regional powerhouse.

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

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

infographic by: councilgreatlakesregion.org

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