A retrospective:
Category Archives: Wisconsin
Trump 25% Tariffs: Wisconsinites “to get it good and hard”?
President-elect Trump has mentioned a 25% tariff on Mexico and Canada. Time to think about how this would affect Wisconsin, a state that voted for Mr. Trump.
Wisconsin Employment Rises in October
NFP and private NFP up (although below recent peaks), while civilian employment rises.
Trump 2.0 Tariffs and Wisconsin
Be prepared. It doesn’t look good for Wisconsin (just like Trump 1.0 didn’t but this time there isn’t $18 billion on tap to bail out the soybean farmers).
Wisconsin Economic Sit-Rep
DWD released employment numbers for September today.
Wisconsin Exports during Trump Trade War 1.0
A reminder:
Wisconsin GDP Revised Up (a lot!)
Wisconsin GDP grew at 4.2% SAAR in Q2. The 2023Q4 figure was raised 2.7% by the annual update (the corresponding figure for US GDP was 1.2%).
Nowcasting Wisconsin GDP
Suppose it’s the end of August, and one want to get the best estimate of Wisconsin real GDP for Q2. As of August, only Q1 Wisconsin GDP is available. What’s the best guess of of Q2 GDP, keeping in mind the number of monthly indicators at the state level is much lower than that for the Nation. Here’s my tentative answer.
Nowcasting Wisconsin NFP Employment
Can we use national employment to nowcast Wisconsin employment? This endeavor is somewhat complicated by the pandemic. With DWD’s release today, we can evaluate the fit of the model.