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The Community Economic Development program promotes local economic well-being and quality of life in Wisconsin communities. We work with and support community economic development practitioners and organizations, tribal and governmental entities, and business and nonprofit organizations and help gain access to the information, research, education, and technical assistance necessary to make informed decisions.

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Program Updates

Wisconsin’s First Connecting Entrepreneurial Communities Conference

Between May 30-31, over two hundred rural economic developers, community leaders, and entrepreneurs descended upon Platteville, WI, a small town in southwestern Wisconsin, population of 11,840, for Wisconsin’s first Connecting Entrepreneurial Communities (CEC) Conference. Known as a conference “about small towns, for small towns,” the CEC conference offers programming, discussion, and networking for stakeholders in […]

How Ready are Owners for Business Succession and Transition?

Join us for a virtual webinar as we explore the findings of business owners regarding their awareness, attitudes, aspirations, and preparedness for business succession and transition with guest presenter, Michael Darger.

What Defines the Top 1% of Income?

Over the last several decades, a common frustration with the U.S. economy is that much of the benefit of economic growth flows to individuals at the highest income levels. While evidence of rising income inequality across the U.S. and Wisconsin is solid, there remains a lack of understanding about how changing income thresholds determine high incomes. If the concerns are true and much of the economic growth is going to the top one percent, what defines the top one percent? Another way to consider this question is to ask how much income is needed to be in the top one percent.

Econ Quiz: Post-Graduation Career Paths

The expansion of the state’s broadband fiber optic network, the continued growth in the number of wind farms, and the ongoing need to maintain our electrical grid means that there are good career paths for graduates who are interested in occupations related to our electrical and information infrastructure.

Earnings, Transfer Receipts, and Demographic Shifts in Wisconsin

Local area personal income is the total income in an area received by individuals from three primary sources: 1) earnings; 2) dividends, interest and rent; and 3) personal current transfer receipts. Income from earnings includes payments in the forms of wages and salaries, certain employer-paid benefits, and proprietor’s income.

Econ Quiz: Small Business Job Creation

Over the past ten years, from 2013 through 2023, businesses with fewer than 249 employees accounted for roughly 46% of the workforce and created about 55% of all new jobs in the U.S.

Latest Work

County News

Wisconsin’s First Connecting Entrepreneurial Communities Conference

Between May 30-31, over two hundred rural economic developers, community leaders, and entrepreneurs descended upon Platteville, WI, a small town in southwestern Wisconsin, population of 11,840, for Wisconsin’s first Connecting Entrepreneurial Communities (CEC) Conference. Known as a conference “about small towns, for small towns,” the CEC conference offers programming, discussion, and networking for stakeholders in […]

UW Extension awarded $1M to assist with siting large-scale renewable energy projects

The U.S. Department of Energy awarded UW–Madison Extension a grant for $1 million to support a coordinated, inclusive, and transparent process that engages communities in siting large-scale renewable energy projects across Wisconsin.

Rural Wisconsin Entrepreneurship Initiative Organizes First Rural Entrepreneurial Cohort

A new program within the Community Development Institute, the Rural Wisconsin Entrepreneurship Initiative (RWEI) seeks to make business development services available to rural parts of the state not easily reached by pre-existing infrastructure.

A place to call home

More than 100 people gathered on March 7, 2024, for Wood County’s first Housing Summit held at Mid-State Technical College in Wisconsin Rapids. The Summit, planned by members of the Wood County Housing Task Force, was a direct response to the calls for action and conversation surrounding affordable and accessible housing throughout the County and Central Wisconsin.

Wood County REDI Plan taps into Homegrown

The Homegrown program will take place over two days and will focus first on identifying the local entrepreneurial community and the resources and supports they need to be successful. Day two will focus on action planning to make Wood County and Central Wisconsin the BEST place for those looking to start their own business and thrive. Don’t miss this!

Portage County hosts community chats about solar development

Representatives from UW Madison-Extension met with community members of Plover at the Boston School Forest to talk about large scale solar developments in the area. The university is teaching more communities about solar projects and listening to their concerns.

In the News

Recent Publications

Do Local Fiscal Decisions Impact Economic Growth: The Case of Wisconsin

This study revisits how local fiscal policies, specifically taxing and expenditures, affect economic growth. Using a panel (1990–2020) of Wisconsin general-purpose governments, we estimate a fixed effects variable parameter model and find that taxes have a dampening effect on the growth rate in income prior to the Great Recession but a positive effect over recent years. We also find that the impact of taxes on growth varies across community income levels. For lower income places taxes have a dampening effect on growth, but a positive effect in higher income areas. The results suggest that the impact of fiscal policies on economic growth vary over time and income levels. As such, blanket statements that high taxes harm the business climate and hence economic growth are generally not supported by the research.

Women farmers and community well-being under modeling uncertainty

We examine the association between woman farmers and community well-being using U.S. county-level data. We address modeling uncertainty around three measures of community well-being by using a spatial Bayesian model averaging approach and find that a higher share of farms operated or owned by women in a county is associated with higher rates of new business formation, longer life expectancies, and lower poverty rates. The results are consistent with a growing literature that finds women business owners approach their businesses more holistically, with positive community spillovers.

The Impact of Fiscal Rules on Local Debt: Credit Ratings, Borrowing Costs, and Debt Levels.

This timely Research Handbook explores the handling of city and municipal finances in the 21st century. It examines the impact of the Great Recession and COVID-19 pandemic on cities and municipalities, highlighting strengths, weaknesses, and avenues for future progress in city and municipal financial management.

Rural Pharmacies an Overlooked Piece of the Rural Health Care Milieu

The provision of health services in both rural and urban communities is complex and composed of many pieces. One particular part of the rural health care mix that has gathered significant attention in both the popular press and academic literature (e.g., Kaufman, et.al. 2016; Kissi, Walston, and Badar 2021) is the alarming rate of rural hospital closures. Headlines such as CNN’s July 31, 2021 story entitled “[h]ow the pandemic killed a record number of rural hospitals” or Becker’s Hospital Review February 18, 2022 story entitled “[s]taffing crisis, payment cuts put 453 hospitals at risk of closure” are increasingly common.

I will survive…but at what (opportunity) cost?: A spatial analysis of business survival and Jacobian externalities

Using insights gained from Jacobian externalities, we consider how a more diverse economic industrial base relates to business survival rates. While a low survival rate is often perceived negatively among policy-makers, evidence suggests that business exit is part of a dynamic and robust economy. The high opportunity cost of continuing with a struggling business in a more diversified economy may ultimately sway entrepreneurs with less competitive ventures to exit leading to lower survival rates. We model average 5-year survival rates at the county level annually from 1990 to 2012 employing a spatial panel Durbin specification. The data support the central hypothesis that more diversified economies increase the opportunity costs of operating an underperforming new business, thereby lowering survival rates.

Growth in Commuting Patterns and Their Impacts on Rural Workforce and Economic Development

Residential and employment locational decisions for working households are frequently commingled. Numerous economic and social factors like job accessibility, wage differentials, housing markets, travel time, trip-chaining opportunities, dual employment, and other quality-of-life considerations influence where a household ultimately chooses to reside relative to places of employment. These choices in turn shape commuting patterns within a region. Using the U.S. Census Bureau’s LEHD Origin-Destination Employment Statistics (LODES), the authors explore longitudinal changes in the growth of commuting patterns based on commuters traveling 50 miles or more between their place of residence and place of employment for counties in Midwestern states from 2002 to 2019. The authors find that the rate of commuters traveling 50 miles or more appears to have increased in rural areas across several periods and regions. Thus, rural communities concerned about labor supply constraints must take into consideration more expansive geographic labor markets and approach labor force development in partnership across local economic development institutions. In essence, the growth in commuting sheds requires stronger regional partnerships to address the issue.

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