Economic Development

Ethanol tax credit likely to survive Senate repeal vote

The U.S. Senate recently dealt a psychological blow to the ethanol industry by voting to repeal a federal tax credit for ethanol producers. The credit provides a 45 cents-per-gallon tax incentive to qualifying ethanol blenders of pure ethanol blended with gasoline.

Health care industry is developing ‘Accountable Care’

Health care costs constitute approximately 18 percent of the United States GDP, with the Congressional Budget Office projecting that such percentage will rise to 25 percent by 2025.

Early adopters like 4G service

Robert Deglau started using the Verizon Wireless 4G LTE, or fourth-generation, long-term evolution network, as soon as it was introduced in the Milwaukee area last month.

Electric cars are charging into Milwaukee

Nearly every major automobile manufacturer in the world has either developed or is developing a plug-in electric vehicle. Some, including the Chevrolet Volt, have already been released to the Wisconsin market, and most of the others will be released in various markets across the country before 2013.

Housing market still seeks bottom

The residential real estate market has been in a funk since the housing market collapsed in 2007, a major contributor to the Great Recession. The number of homes sold, and the value of those homes, has decreased significantly in recent years. Many homes went into foreclosure during and after the recession, which has contributed to declining home values.

Commercial real estate development picks up

Commercial real estate development ground to a halt during the Great Recession as financing became extraordinarily difficult for developers to find and demand for new projects slumped.

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Stock market continues bull run

The U.S. stock market finished the second quarter with a flourish, with the Dow Jones Industrial Average rallying on the final four days of June.

MMAC members project more growth

Milwaukee-area businesses are optimistic about future economic growth, according to a business outlook survey conducted by the Metropolitan Milwaukee Association of Commerce (MMAC).

Financial resources

Banking Wisconsin Department of Financial Institutions  Federal Deposit Insurance Corp....

BMO Financial CEO receives award for service to United Way Canada

United Way Canada has awarded Bill Downe, president and chief executive officer of BMO Financial Group and 2009 United...

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