Shifting Wisconsin Labor Resources: A Review of Educational Attainment

EXECUTIVE SUMMARY November 2018 — If the vision for Wisconsin’s future economy is one of competitive wages, innovative industry, and an entrepreneurial culture, then there are challenges on the horizon. From the perspective of developing an educated labor force that supports both innovation and entrepreneurship, the metrics presented in this report are troubling. The education […]

WIndicators Volume 1, Number 2: Minority Business Owners and the Wisconsin Economy

October 2018 — The importance of small business development and entrepreneurship to the future health of the economy is becoming more widely understood and accepted across Wisconsin. Wisconsin focused research (Conroy and Deller 2015a) has documented that nearly all of the net job growth (expansions minus contractions) comes from start-up businesses, which tend to be […]

Sources of Job Growth

EXECUTIVE SUMMARY August 2018 — The analysis presented in this report uses two types of comparisons to evaluate job creation and job loss in Wisconsin. First, we consider trends over time by comparing the most recent years available, 2012 or 2013 depending on the data source, with 2000 and 2009. The year 2000 is useful […]

A Trade Area Analysis of Wisconsin Retail and Service Markets: Updated for 2017

EXECUTIVE SUMMARY August 2018 — For updated Trade Area Analysis (TAA) of Wisconsin counties we use the sales tax data as reported by the Wisconsin Department of Revenue for 2017. Only those counties that have elected to collect the optional county sales tax are included in the analysis. Because sales tax data are used one […]

WIndicators Volume 1, Number 7: Labor Participation Trends in Wisconsin

July 2018 — As Wisconsin’s unemployment rate moves to record lows, many companies have expressed frustration that they cannot find the workers they need. Some employers, workforce development organizations and policy makers attribute the lack of suitable employees to issues surrounding labor quality. Specifically, potential workers may not have the specific skills desired by employees […]

Slow Churn: Declining Dynamism in America’s Dairyland

EXECUTIVE SUMMARY July 2018 —  Since the start of the Great Recession, the death rate of Wisconsin businesses with employees (i.e. employer businesses) has outpaced the startup rate. As a result, after almost three decades of growth, the number of businesses with employees in Wisconsin started to decline in 2007.New employer businesses are a critical […]

Women Business Owners: Patterns of Women Owned and Managed Businesses in Wisconsin

EXECUTIVE SUMMARY June 2018 — Women as business owners may be an underutilized resource for economic development and growth. Policies aimed at equitably enhancing business ownership should consider the unique nature of women-owned and managed businesses. These policies should reflect the unique manner in which women approach entrepreneurship. In 2011, women-owned or managed nearly 19% […]

WIndicators Volume 1, Number 6: Wisconsin and Foreign Exports

“So unorthodox is the latest batch of demands, introduced only during the latest round of talks, that some question whether the Trump administration is negotiating in good faith. Mr Lighthizer claims to be trying to please only his boss, Mr Trump. But Congress must pass the final deal. This is topsy-turvy. Normally, in America’s trade […]

WIndicators Volume 1, Number 5: Labor Shortage: Signs and Symptoms

March 2018 — In Wisconsin, the labor market has been the focus of recent public and political discourse, with many perceiving a labor shortage. Often these discussions focus on the experience voiced by employers throughout the state. While the frustration of employers trying to hire workers is an important sign that there could be a […]

Relocation Patterns of Wisconsin Businesses: The Migration or Relocation Patterns of Wisconsin Businesses

EXECUTIVE SUMMARY February 2018 — For state and local organizations that incorporate business recruitment and retention into their economic development strategies understanding business  migration is important. Regions often compete to have businesses relocate in their community with the goal to increase job and income growth. Economic development resources are devoted to incentive packages that can […]

Innovation and Economic Growth and Development: R&D within Wisconsin

EXECUTIVE SUMMARY January 2018 — Economists disagree on most issues, but there is widespread agreement that innovation is a driver of economic growth and development. The question that we address in this study is the relationship between research and development, innovation, human capital or educational levels, and economic performance. Key Findings: • Innovation, which is […]

WIndicators Volume 1, Number 4: Housing Issues Affecting Wisconsin

Housing is becoming an issue in Wisconsin. Housing prices are growing while new additions to the housing stock appear to be lagging. As other parts of the U.S. have serious issues related to housing stress (defined as income to housing cost ratios), Wisconsin may also be starting to show signs as well. December 2017 — […]

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