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General Economic Trends

This report by Steven Deller from the University of Wisconsin–Madison examines the economic landscape in Southwest Wisconsin, focusing on key clusters such as forestry, manufacturing, and small businesses. It addresses the region's high employment dependency on declining industries, the effects of an aging population, and the widening income gap among households. The analysis highlights critical data points, including income distribution and poverty levels, to provide insights into the economic challenges and opportunities for local development.

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General Economic Trends

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  1. General Economic Trends Steven Deller Department of Agricultural and Applied Economics University of Wisconsin – Madison/Extension

  2. 12%

  3. 55%

  4. “Clusters” for Southwest Wisconsin LQ Forestry Fishing, Related Activities Farming LQ

  5. High employment dependency on a declining (jobs) industry?

  6. “Clusters” for Southwest Wisconsin LQ Manufacturing Retail Construction LQ State/Local Government

  7. Aging Population Small Businesses

  8. Wisconsin Firms by Employment Size (2010)

  9. Income Distribution of Southwest Wisconsin Households (2005$)

  10. Widening Income Gap

  11. Poverty level for family of four (two children): $22,811

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