Wisconsin Ranked 49th In Economic Growth
City-Times Staff
Wisconsin ranks near dead- last in the nation for economic growth.
The Federal Reserve Bank of Philadelphia’s latest index ranks the state 49th in the nation for economic growth.
The Reserve Bank’s data is from its monthly state-by-state index of leading economic growth indicators. According to the report, Wisconsin economic growth showed an index rank of negative 0.74 percent.
The Philadelphia Fed’s index relies heavily on the states’ monthly employment report, which can change significantly. The data for the employment reports come from a survey of only about 3 percent of the state’s employers.