A Short History of Turning Points in Wisconsin

Ever since the Walker Administration ended the issuance of the Wisconsin Economic Outlook (last issue May 2015), those of us outside of the government have been a little in the dark when trying to assess state level economic conditions in a systematic manner. In a recent paper (updated version 8/1), Ryan LeCloux and I assess how various macroeconomic aggregates track the Wisconsin economy at higher-than-annual frequency. Investigating the behavior of these series yields the following graph.

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