"Michigan is America's comeback state," Snyder said in the statement. "Unemployment has dropped to its lowest point in 14 years, nearly 400,000 private sector jobs have been created and for the first time in a long time, Detroit is on the path to becoming a great city again.
"But our work is not done and there are still historic issues to solve. When I ran for re-election, I promised my fellow Michiganders that the job was not done, that we could not be complacent, that it was time to accelerate and get even more done to reinvent our state and create opportunities for our future.
"I do not have plans to run for president in 2016. I will focus my attention on continuing Michigan's reinvention. I will continue to tell Michigan's comeback story nationally because our reinvention should not be unique to just our state. In addition, being loud and proud about Michigan can help grow our state by attracting more investment, businesses, and new residents.