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WIndicators Volume 5, Number 3: Farm Household Income

As a growing number of Wisconsin farms struggle to survive, many farm households (families) are dependent on off farm income to offset weak and unstable farm sourced income. Over the five-year average (2016-2020) average household income for Wisconsin farm operators is $98,353of which $20,210 comes from farming activities, and the remaining $78,143 comes from off farm sources. One strategy to ensure the continued operation of most Wisconsin farms is to focus on enhancing off farm employment opportunities.

Rural Innovation Report

EXECUTIVE SUMMARY May 2022 — Innovation moves the economy forward. Innovations are new products, processes, or services that create value for customers. Innovations often signal an improvement over a past model or way of doing things. Innovations can be significant, disrupting the status quo. Many innovations, however, are modest, offering small increases in quality of […]

Recovery in the Hotel Business (Issue 197, May 2022)

Hotels provide an important service to our communities and represent a significant economic engine for jobs, business revenue, and taxes. Plus, they often serve as a gateway to a community, influencing perceptions of the broader community.

WIndicators Volume 5, Number 1: The Rise Of Entrepreneurship During the Pandemic

Entrepreneurial activity increased sharply in Wisconsin in 2020 and 2021 during the COVID-19 pandemic. Entrepreneurship is a key part of any healthy economy but ensuring that new business activity leads to significant economic impact by creating high quality jobs can be difficult. Communities can take a lead role in a range of strategies that help entrepreneurs grow and be successful to make the most of this opportunity to improve their economies.

WIndicators Volume 4, Number 3: Seasonal and Recreational Housing Units in Wisconsin

The development of seasonal and recreational housing units in Wisconsin reflects the economic transitions of many counties that were formerly dependent on natural resource extraction to a current reliance on services, hospitality, and recreation. With these transformations also come regional opportunities and challenges related to the growth of seasonal and recreational housing.

WIndicators Volume 4, Number 2: Nonemployer Businesses & Diversity

Nonemployer establishments, sole proprietorships and partnerships without any paid employees, are an important part of the country’s economy. As of 2018, they made up a large and quickly growing share of businesses in the United States at 77% of the total while the other 23% of establishments were employer businesses [1]. Given that nonemployer establishments are businesses without employees, they are predominantly independent contractors who work for themselves or small businesses operated only by the owner(s) or unpaid members of their family.

Shaping Downtown After COVID-19 (Issue 194, June 2021)

June 2021 — This topic in Downtown Economics summarizes key points or “takeaways” from the recent webinar titled Shaping Downtown after COVID 19. The well-attended webinar highlighted examples of successful initiatives in four cities: Ithaca, New York, and Appleton, Eau Claire, and La Crosse Wisconsin. The following takeaways are presented without significant editing.  You may […]

WIndicators Volume 4, Number 1: Taxes and Economic Growth & Development

When one thinks about the term “business climate”, factors such as taxes, regulations, and unionization come to mind. These items tend to be viewed as potential costs that businesses face when making investment decisions. Anything that is viewed as increasing the costs of business operations is considered bad for the business climate of a community or region. To foster economic growth and development the business climate of the community or region must be enhanced. The logic follows that strategies or policies that reduce tax burdens, limit or reduce regulations, or weaken the strength of labor unions (e.g. Right-to-Work laws) will enhance business climate and foster economic growth and development.

Broadband and the Wisconsin Economy

EXECUTIVE SUMMARY January 2021 — In this study we explore issues related to broadband coverage and importance of coverage to community well-being. Several key conclusions include:   Fact Sheets   Broadband Access and Affordability How Available is Broadband in Wisconsin? Disconnected: Households Without Any Internet Broadband Connectivity and Health Outcomes Increasing Broadband Adoption Broadband and […]

WIndicators Volume 3, Number 5: Are the Kids Alright? Women, Work, & Childcare

Childcare was a challenge for parents before the pandemic and has only become more difficult in recent months. During the pandemic, as much as 60% of childcare providers closed and stopped providing childcare (Bipartisan Policy Center, 2020). While many of those closures were temporary, a recent state-level study estimates that, in absence of additional aid, 30% of the childcare supply in Wisconsin could be permanently lost if providers are closed for more than two weeks without revenue due to COVID-19.

WIndicators Volume 3, Number 4: Impact of COVID-19 on the Wisconsin Economy

The COVID-19 pandemic has significantly impacted Wisconsin’s economy. When the country reported the first case on January 20th, 2020, there was uncertainty as to how fast and far the virus would spread. On March 11th, the World Health Organization declared a pandemic and on March 16th all Wisconsin public schools were ordered to close while Governor Tony Evers instituted a Safer-at-Home order and closure of all non-essential businesses.

WIndicators Volume 3, Number 3: COVID-19 Vulnerable Business Owners by Race & Ethnicity

Recent analysis demonstrates that communities of color are disproportionately suffering the health impacts of COVID-19. In Milwaukee County, 29 percent of the population is Black or African American yet Black or African Americans represent 43 percent of COVID-19-related deaths1. Much like the poor health outcomes from COVID-19 are disproportionately suffered by people of color, the economic costs are likely also inequitably distributed across racial and ethnic groups.