This data comes from the Philadelphia Federal Reserve. Wisconsin ranks dead-last in their State Coincident Index of economic indicators.
Wisconsin is the only red one…
The coincident indexes combine four state-level indicators to summarize current economic conditions in a single statistic. The four state-level variables in each coincident index are nonfarm payroll employment, average hours worked in manufacturing, the unemployment rate, and wage and salary disbursements deflated by the consumer price index (U.S. city average). The trend for each state’s index is set to the trend of its gross domestic product (GDP), so long-term growth in the state’s index matches long-term growth in its GDP.
More data that Scott Walker is costing Wisconsin millions of dollars and thousands of jobs. Wisconsin’s economy has been sliding downhill for months now and it’s time to put a stop to the “free market” madness. His failed policies must be repealed at the ballot box.
Recent Comments