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Midyear Economic Forecast
Looking back, the American consumers led the U.S. economy out of the recession of 2001. They kept buying houses. They kept buying cars. They kept buying clothes. They kept buying computers and cell phones. They even returned to the airports. But now, American consumers are tired. They already have refinanced their debt and tapped out their home equity lines of credit. They also are absorbing a quadruple threat of rising energy costs, fuel costs, interest rates and health care costs. Consumer bankruptcies and mortgage foreclosures are skyrocketing. As consumer demand slows, so too will the U.S. economy in the second half of 2006, according to Clare Zempel, Milwaukee's foremost economist.
Zempel says Economy Will ‘Cool Off’
The U.S. economy is due for a "correction" or a "cooling off," rather than an outright collapse into stagflation...
Local Stocks Hit the Summertime Blues
The BizTimes Stock Index, despite skyrocketing to new all-time highs earlier this spring, lost its steam and fell right...
Pass It On
The costs of producing and transporting goods are rising dramatically. Gasoline costs more. Demands for natural gas, coal and...
Shifting Retail Landscape
The retail real estate landscape in metropolitan Milwaukee will undergo a dramatic transformation in the second half of 2006....
‘Follow the Dollars’
More hospitals are coming to the suburbs at the same time that some are being closed in the city...
New Technology Enables Small Companies to Look Big
Small and mid-sized businesses (SMBs) increasingly will implement information technology (IT) infrastructure similar in quality and efficiency to those...
Help Wanted
Wisconsin's Department of Workforce Development projects that the fields that will produce the most new jobs in the state...
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MMAC businesses still optimistic
If an economic slowdown indeed lies ahead in the second half of 2006, many southeastern Wisconsin businesses don't see...
Hilton Plans Hotel at Pabst Farms
The Pabst Farms development in Oconomowoc is negotiating a deal with Beverly Hills, Calif.-based Hilton Hotels Corp., which would...
Making a Leap
Milwaukee-based Kangaroo Brands Inc., a manufacturer of pre-sliced pita breads, is expanding. By spring 2007, the company expects to...
Synvent’s Software Helps Engineers
Although engineers are in great demand in the United States, many are still finding it difficult to land new...
