Home Ideas Economy Public record: Wisconsin’s economy, then and now

Public record: Wisconsin’s economy, then and now

By
Arthur Thomas
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A lot has changed since BizTimes launched as Small Business Times in 1995. Back then, Tommy Thompson was governor of Wisconsin, Bill Clinton was president, and Brett Favre had just completed his third season with the Green Bay Packers. Here are some other comparisons to highlight the changes in Wisconsin between then and now:  Money

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Arthur Thomas
Arthur covers banking and finance and the economy at BizTimes while also leading special projects as an associate editor. He also spent five years covering manufacturing at BizTimes. He previously was managing editor at The Waukesha Freeman. He is a graduate of Carroll University and did graduate coursework at Marquette. A native of southeastern Wisconsin, he is also a nationally certified gymnastics judge and enjoys golf on the weekends.
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A lot has changed since BizTimes launched as Small Business Times in 1995. Back then, Tommy Thompson was governor of Wisconsin, Bill Clinton was president, and Brett Favre had just completed his third season with the Green Bay Packers. Here are some other comparisons to highlight the changes in Wisconsin between then and now: 

Money Then: 58¢ Now: $1 

Eggs (per dozen) Then: 83¢ Now: $2.02 

Flour (pound) Then: 24¢ Now: 44¢

Regular unleaded gas (per gallon, average for year) Then: $1.15 Now: $2.17 (maxed out at $3.64 in 2012)

Milk (gallon) Then: $2.29 Now: $2.94 

Wisconsin Fortune 500 companies Then: 5 Now: 8 

Fortune 500 companies (ranking) Then: Northwestern Mutual (111) Johnson Controls (160) Manpower (241) Case Corp. (261) Aid Association for Lutherans (453) Now: Northwestern Mutual (102) ManpowerGroup (158) Kohl's (165) American Family Insurance (254) Fiserv (311) Oshkosh Corp. (377) WEC Energy Group (416) Rockwell Automation (452)

Wisconsin exports Then: $8.93 billion Now: $20.5 billion

Average annual wage in Wisconsin Then: $25,099 Now: $50,520 (2019)

Median sales price of existing single-family home in metro Milwaukee Then: $114,700 Now: $291,300 

Wisconsin labor force participation rate (average for year) 73.50% 65.80%

Source: U.S. Bureau of Labor Statistics, Fortune.com, U.S. Census Bureau, National Association of Realtors

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