Economic Development

Gallup's U.S. Job Creation Index increased to 22 in May, the highest score for any month since April 2008.

Beloit-based building products distributor ABC Supply Co. Inc. has acquired the inventory and select equipment previously owned by JB Supply Company, a distributor of roofing, siding and other exterior building products in Flint, Mich.

Sally Vega has been named trust officer in Milwaukee for The Private Client Reserve of U.S. Bank. Vega will be responsible for serving high net worth clients, families and charities with trust administration services. She has more than 16 years of experience in financial services, most recently as trust officer for The PrivateBank in Milwaukee.

More than $163 million of early stage funding was invested in emerging Wisconsin companies in 2012, up 7 percent from $153 million in 2011, according to a recent report from the Wisconsin Angel Network.

Wisconsin's six-month economic forecast ranks 49th in the nation, according to the latest state-by-state analysis by the Federal Reserve Bank of Philadelphia.

The board of directors for Community Bankers of Wisconsin (CBW) is calling for passage of a U.S. Senate bill that will require the nation's largest banks to increase their capital requirements.

Brookfield-based North Shore Bank announced Friday that it has entered into an agreement with the Federal Deposit Insurance Corporation (FDIC) to purchase Kenosha-based Banks of Wisconsin, which does business as Bank of Kenosha.

Wisconsin banks reported combined net income of $256 million in the first quarter, up from $200 million in the same period a year ago, according to the Quarterly Banking Profile released by the Federal Deposit Insurance Corporation (FDIC).

Menomonee Falls-based Actuant Corp. announced Monday that its board of directors has authorized a plan to sell the company's Electrical segment.

Wisconsin’s six-month economic forecast ranks 49th in the nation, according to the latest state-by-state analysis by the Federal Reserve Bank of Philadelphia.