Economy

The vast majority of Wisconsin bank CEOs say a recession is likely or very likely in the next six months, according to the latest Wisconsin Bankers Association survey of bank leaders.

Wauwatosa-based Zywave is eliminating positions as it sees signs of slower growth after several years of expansion.

Milwaukee County’s real GDP grew 5.2% in 2021, reaching its highest level on record a year after the COVID-19 pandemic shrank Milwaukee County’s economy to its lowest level since 2009.

Most of the economic indicators tracked by the Metropolitan Milwaukee Association of Commerce improved in October, according to the MMAC’s latest economic trends report.

Deposits and loans at Wisconsin banks continued to grow in the third quarter, but the pace of growth in deposits slowed as some consumers tapped into savings to deal with rising inflation, according to the latest data from the FDIC.

Manufacturing activity in southeastern Wisconsin continued its downward trend in November as new orders and order backlogs both declined during the month, according to the latest Marquette-ISM Report on Manufacturing.

It’s a mixed bag for the Milwaukee metro area when it comes to economic indicators tied to innovation.

Wisconsin lost 1,600 private sector jobs in October and the state’s labor force participation rate continued to fall, according to the latest data released by the state Department of Workforce Development.

Most of the economic indicators tracked by the Metropolitan Milwaukee Association of Commerce improved in September, according to the MMAC’s latest economic trends report.

Jeff Hoffman, co-chair of the industrial services practice at Cushman & Wakefield | Boerke, returns to the BizTimes MKE Podcast to talk about recent trends in the industrial real estate market and his new book "Industrial is What We Do."