Looking to the Future The Center for Business and Economic Insight staff is looking forward to getting back to normal and that means reviving our bi-annual face-to-face breakfast meetings and physical publications, starting this December!
Table of Contents
The Economy: Where We’ve Been and Where We’re Going..............1-6 Kevin M. Bahr, CBEI Chief Analyst Economic Indicators.........................................................7-12 Scott Wallace, CBEI Director and Editor National Economic Statistics.............................................7-9 Table 1: Key Economic Indicators Table 2: Contributions to Percent Change in Real Gross Domestic Product Table 3: Lifecycle of the Expansion Labor Market Statistics....................................................... 10 Table 4: Labor Market Indicators from LAUS Table 5: WI Employment by Major Industry Sector County Economic Statistics. ...............................................11 Table 6: Help Wanted Advertising Table 7: Unemployment Claims Housing and Construction...................................................12 Table 8: National Affordability Index Table 9: Median Home Prices and Home Sales Table 10: Residential Construction Table 11: Nonresidential Construction Special Report................................................................ 13-17 Housing Bubble? The Dynamics of the Real Estate Market in Central Wisconsin David Schalow, Ph.D., CLU, ChFC, CFA, CFP Column: Insight Spotlight.............................................. 18-19 The Creative Economy: Life After the Pandemic Greg Wright, M.A., and Jason Davis, Ph.D. UW-Stevens Point MBA Program. ................. Inside Back Cover
As we look to the future, Chief Analyst Kevin Bahr provides needed context in The Economy–Where We’ve Been and Where We’re Going . Here, Kevin describes
the economic impact of the pandemic and the contours of the upcoming economic recovery as well as the long-term challenges posed by increasing deficits and debt. Are you in the market for a new home? Are you thinking about selling your existing home? If so, you will want to pay close attention to our special report, Housing Bubble? The Dynamics of the Real Estate Market in Central Wisconsin by School of Business and Economics faculty member Dave Schalow. Dave analyzes the economic forces that propel our current real estate cycle and their impacts on home prices and availability at the national, regional, and local levels. Thanks go out to Natalie Aneskavich of Lakeland Real Estate for providing important local data from the Central Wisconsin Board of Realtors. This issue’s Insight Spotlight The Creative Economy: Life After the Pandemic features Greg Wright, executive director of CREATE Portage County, and Jason Davis, UWSP Professor of Economics, illustrating the importance of the “creative economy” as a driver of local economic development and how the pandemic has sparked new innovations that promise to fuel growth in our area.
CBEI Mission
CBEI Staff
The UW-Stevens Point Center for Business and Economic Insight (CBEI) promotes regional economic and community development through the provision of business and economic knowledge to local business, governmental, and community leaders. The primary areas of focus are Portage, Marathon and Wood counties.
Scott Wallace.................................... Director and Editor, CBEI Kevin Bahr................................................... Chief Analyst, CBEI Eva Donohoo................................... Publication Designer, CPS
The Central for Business and Economic Insight is made possible thanks to support from the UW-Stevens Point School of Buinsess and Economics.
The UW-Stevens Point School of Business and Economics creates career-ready graduates and leaders through applied learning. We serve the businesses, economy and people of the greater Central Wisconsin region. We specialize in preparing students for success by providing professional development experiences, access to employers, and in-demand skills.
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