Economy

Labor force participation in Wisconsin continues to decline

Wisconsin’s labor force participation rate dropped to 64.9% in November, an acceleration of a downward trend that stretches back to June, according to data from the U.S. Bureau of Labor Statistics and the Wisconsin Department of Workforce Development.

Metro Milwaukee export growth outpaces Midwest metros for third straight quarter

Growth in metro Milwaukee exports once again outpaced most other Midwestern metro areas in the third quarter, continuing a streak that started in the beginning of the year.

Companies participating in MMAC’s Region of Choice initiative are on pace for diversity goals, far outpacing region’s overall rate of diverse hiring

A group of 125-plus Milwaukee-area companies participating in the Metropolitan Milwaukee Association of Commerce's Region of Choice initiative are on track to meet five-year goals for recruiting, retaining and advancing Black and Brown employees – and are significantly outpacing the overall region’s rate of diverse hiring, the MMAC said Tuesday.
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Survey: 87% of Wisconsin bank CEOs say recession ‘likely’ in next 6 months

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.

Milwaukee County economy grew 5.2% in 2021, surpassing pre-pandemic levels

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 economic indicators tracked by MMAC improved in October

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.

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