Economic Development
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.
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....
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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...
Associated to add Oak Creek branch
Associated Banc-Corp announced it plans to open a new branch inside Woodman’s Market in Oak Creek.
Mandel and city officials reach agreement on $4.6 million North End loan
City officials have reached an agreement with Milwaukee-based Mandel Group Inc. on a city loan for the second phase of the North End development.
Summerfest fans can hit the bricks
Summerfest fans can secure their place in Summerfest music history with the new Summerfest Commemorative Paver Program.