Magazines

Innovate or Die

Mark Zuckerberg is Time Magazine's "Man of the Year." Why? One simple word explains it. Innovation.


No question. Anyone who can garner 500 million new customers in less than five years is doing something remarkably new.

Our words matter

On Jan. 1, 2011, we ushered in a new year with cautious optimism. Positive economic indicators began to emerge. Signs of renewal appeared in the housing market. Metro Milwaukee companies reported hiring plans for 2011.

Tourism industry has positive momentum

Last year at this time, we were optimistic that the hospitality and tourism industry would awake from the recessionary doldrums of 2009 and begin to stage a comeback. We predicted that convention business for 2010 could grow by almost 50 percent over 2009. With the books closed on 2010, we're thrilled to report that the hospitality industry is indeed making a comeback, and convention business actually increased by 55 percent in 2010.

Uncertainty clouds health care industry

In terms of regulation requirements, 2011 will be a quiet year on the federal health care reform timeline. The next major components of reform won't go into effect until 2014, but the extensive amount of controversy, compounded with the lawsuits from at least 20 different states regarding the constitutionality of the Affordable Care Act's individual responsibility provision, have left employers and providers alike somewhat unclear on what to do next.

Bouncing back


Mergers and acquisitions steadily increased through 2010, as the industry rebounded from a lagging 18-month period during the Great Recession.

Competitive banking market

M&I acquisition creates opportunity for others to gain market share
While economic conditions improved significantly in 2010, commercial lending has been slow to recover, many Wisconsin bankers say.
- Advertisement -

Housing market remains a major drag

The housing market in southeastern Wisconsin – and in the entire United States – still has a long way to go before it digs out of its hole.

Back to building


The southeastern Wisconsin commercial real estate market still faces significant headwinds. The metro area's office space vacancy rate is at about 22 percent, and the class B office space vacancy rate is close to 25 percent.

Exports will fuel pace of recovery

Editor's note: This report is a condensed version of Northern Trust Corp. chief economist Paul Kasriel's 2011 Economic Outlook.



There are some significant changes to key variables in this month's forecast compared with the November 2010 forecast.

Local stocks begin year on a high note

The BizTimes Stock Index, which tracks the cumulative value of publicly held companies based in southeastern Wisconsin, rose an astounding 31.4 percent in 2010 and shows no signs of slowing down in 2011.


The local index began 2010 at 123.64 and ended the year at 162.50, flirting with a two-year high.

What's New

More News >

BizPeople

More BizPeople >

Sponsored Content

More Content >

Holiday flash sale!

Limited time offer. New subscribers only.

Subscribe to BizTimes Milwaukee and save 40%

Holiday flash sale! Subscribe to BizTimes and save 40%!

Limited time offer. New subscribers only.