The Philadelphia Fed has just released coincident indicators for state economies. No turnaround for Wisconsin — it continues to lag Minnesota and the Nation.
Category Archives: Wisconsin
Will Wisconsin Private Employment Be Revised Down?
Preliminary figures from the Quarterly Census of Employment and Wages (QCEW), which Governor Walker has previously touted as more accurate than the establishment survey [1], indicate a substantial downward revision in Wisconsin private employment.
Wisconsin Growth Forecasted to Decline; Kansas Flat
The Philadelphia Fed has just released leading indices for the states. Wisconsin growth is forecasted to decelerate from March growth rates, while Kansas forecasted growth is near zero since the beginning of the year.
State Employment Trends: Does a Low Tax/Right-to-Work/Low Minimum Wage Regime Correlate to Growth – An Econometric Addendum
The previous post on state employment trends sparked some debate regarding the generality of the negative correlation between the ALEC-Laffer “Economic Outlook” ranking and economic growth, as measured by the Philadelphia Fed’s coincident index. One reader argued four observations were not sufficient to make a conclusion, and I concur. Here, without further ado, is the correlation for all fifty states.
State Employment Trends: Does a Low Tax/Right-to-Work/Low Minimum Wage Regime Correlate to Growth?
It’s interesting how “pro-business” policies do not appear to be conducive to rapid employment growth.
Wisconsin Economic Activity Forecasted to Lag
No catch-up in sight for Wisconsin with Minnesota [1] (or the Nation, for that matter)
Revised and Updated Data Indicate Minnesota-Wisconsin Economic Activity Gap Increases
Philadelphia Fed revised coincident indices released today show the cumulative Minnesota-Wisconsin gap (since January 2011) has grown to 2.3% (as of February, in log terms).
The Midwestern Laggard
Wisconsin continues to lag the other regional economies
Wisconsin January Private Nonfarm Payroll Employment Flat
The rest of the Nation continues to grow.
The Wisconsin Department of Workforce Development has released preliminary January employment figures, incorporating incorporating backward revisions to earlier months’ data. [1]
Estimated Gross State Product for Wisconsin and Minnesota
Ed Hanson argues that 2013 Gross State Product (GSP) data for 2013 will show a Wisconsin renaissance: