Wisconsin Economic Snapshot

October 2017

Wisconsin continues to experience steady job creation and higher unemployment rates. Wisconsin industries are seeing
broad-based job gains with the professional and business services; construction; manufacturing; education; Health
Services adding the most jobs of the past 12 months. The states unemployment rate remains steady, but rose slightly
from 3.4 percent in August to 3.5 percent in September. In addition, The Midwest consumer price index grew from 0.3%
to 1.5 in September of this year, significantly higher than all urban PCI at 0.7 percent. The economy is like a ripple effect-
one action changes the course of another. Society has a responsibility to be sure the ripples make a positive effect on
the economy so that we can avoid Recessions in the future. We can make changes by viewing trends. Such as the
following charts:

Wisconsin Annual Wisconsin Annual Unemployment

Unemployment Rates Rates
10.0 2000 - 2017
Average Unemployment Data

8.0 8 6.8
Average Unemployment Data

6.0 5.5
6 4.8
4.0 4
2.0
2
0.0
0
2004
2000
2001
2002
2003

2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017

Post-recession Pre-recession Recession

Year Grouped by era

This graph shows the decline of unemployment rates in The graph represents the annual Unemployment rates for
Wisconsin between 2000-2017. Wisconsin through the three eras: post- recession 2000-
2006; pre-recession 2007-2010; recession 2011-2017.

United States Annual

Unemployment Rates
15.0
Unemployment Data

10.0
5.0
0.0
2004
2000
2001
2002
2003

2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017

Year

This graph shows the decline of unemployment rates as The graph represents the annual Unemployment rates for
the United States between 2000-2017. The United States through the three eras: post- recession
2000-2006; pre-recession 2007-2010; recession 2011-2017.
 Wisconsin Annual Manufacturing Wisonsin Annual Manufacturing
Employment, Hours and Earnings Employment, Hours and Earnings
2000 - 2017 2000 - 2017
528
540
520

Average Manufacturing datal

2015 500
480 461 465
2012
460
Year

2009 Annual 440

420 Total
2006
2003 Linear Linear (Total)
2000 (Annual)
0.0 200.0 400.0 600.0 800.0
Average Manufacturing Data Grouped per era

This graph shows the Annual Manufacturing, Employment This graph shows the Annual Manufacturing, Employment
and Earnings in Wisconsin between 2000-2017. and Earnings in Wisconsin through the three eras: post-
recession 2000-2006; pre-recession 2007-2010; recession
2011-2017.

Wisconsin Annual Education and Wisconsin Annual Education and

Health Services Heathcare Services
2000 - 2017 2000 - 2017
500.0 440 430
Annual Service Rates
Average Service Data

400.0 420 401

300.0 400
200.0 380 364
100.0 360
340
0.0
320
2012
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011

2013
2014
2015
2016
2017

Post-recession Pre-recession Recession

Year Grouped per era

This chart shows an increase in Wisconsins Annual This graph shows the Annual Education and Health services
Education and Health Services between 2000 and 2017. in Wisconsin through the three eras: post- recession 2000-
2006; pre-recession 2007-2010; recession 2011-2017.

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 References
United States Department of Labor. (2017, October 31). Retrieved from Bureau of Labor Statistics :
https://data.bls.gov/timeseries/LASST550000000000003
United States Department of Labor. (2017, October 31). Retrieved from Bureau of Labor Statisctics:
https://www.bls.gov/regions/mountain-plains/news-release/consumerpriceindex_midwest.htm
United States Department of Labor. (2017, October 31). Retrieved from Bureau of Labor Statistics:
https://data.bls.gov/pdq/SurveyOutputServlet
United States Department of Labor. (2017, October 31). Retrieved from Bureau of Labor Statistics:
https://data.bls.gov/timeseries/SMS55000003000000001?amp%253bdata_tool=XGtable&output_view=data&in
clude_graphs=true
United States Department of Labor. (2017, October 31). Retrieved from Bureau of Labor Statistics:
https://data.bls.gov/pdq/SurveyOutputServlet