economy

China's Role in the Current Market Turmoil

Aug 26, 2015
epSos .de / Flickr

The financial markets in this country rebounded somewhat yesterday before falling once again. The now four-day trend was brought on, in part by turmoil in the Chinese economy.

"They are in a position to manipulate their currency," Lake Effect's foreign policy contributor Art Cyr says. "They've tried to do that to gain advantage, but as the current market crash shows, that doesn't really gain you an advantage over the long term."

Kari / Flickr

Political analysts describe Wisconsin as purple – neither liberalism’s traditional blue, nor conservatism’s typical red.  The state’s deep political divides are well-documented, but often in terms of political party or philosophy.

A Wisconsin researcher is looking at a divide of a different kind. Kathy Cramer, a political science professor at UW-Madison, has been researching the rural-urban gap and how it affects Wisconsin politics.

Nicholas Eckhart / Flickr

Almost exactly a month from now, the climate for grocery shopping in southeastern Wisconsin will see some significant changes.

The first two Meijer stores in the state – in Grafton and Kenosha – will open their doors. The 190,000 square foot stores will feature the sorts of products you’d find at both a supermarket and also a retailer like Target, following the supercenter model.

Meijer seeks to be a one-stop shopping center and hopes that their company's philosophies will appeal to Wisconsinites and their Midwestern values.

Essay: Trade Pact Needs Trade-Offs

Apr 28, 2015
Backbone Campaign / Flickr

As negotiations over the TPP are continuing, it’s generating some unusual political alliances.  Lake Effect essayist Avi Lank surprised himself a little when he considered the trade deal’s merits:

Tax Questions: Identity Fraud & ACA's Impact on Small Businesses

Feb 18, 2015
AgriLife Today / Flickr

We're just under two months away from the April 15th deadline for filing your income tax returns for the past fiscal year. 

velkr0, flickr

How important are small businesses to the state's economy?

Wisconsin companies and the U.S. economy excelled in 2014, according to Brian Jacobsen.

Report: How Healthy is Milwaukee's Non-Profit Sector?

Jul 24, 2014
Wikimedia commons

Last week, Milwaukee’s non-partisan Public Policy Forum released its newest report. Under the microscope this time was the health of the area’s non-profit sector. The report looked at levels of growth, both in terms of numbers of not for profit organizations, as well as trends in contributions and revenue.

Brookfield Company Rides Into a Second Century

Jun 19, 2014
Thea Treiber

You've probably never noticed the low-slung, unassuming building on Calhoun Road in Brookfield.

Wisconsin created private sector jobs at a rate of 1.2 percent, about half the national rate, according to the Bureau of Labor Statistics.

Congresswoman Gwen Moore Blasts Republicans, But Compliments Rep. Paul Ryan

Jan 23, 2014
Chip Somodevilla/Getty Images

Though Congress has managed to break Washington gridlock to pass an Omnibus spending bill, Democratic Congresswoman Gwen Moore of Milwaukee says most Republicans "would like to carry us back to a point in time when government does practically nothing."

Ambassador: U.S. Could Take Economic Lessons from Iceland

Nov 12, 2013
Luis Arreaga

Like its American ally, Iceland has been recovering from a devastating economic situation in the last several years.

Analysis: County Employees Could Pay More for Health Care Under Proposed Budget

Oct 18, 2013
Philip Taylor PT, Flickr

Mayor Tom Barrett and County Executive Chris Abele have both issued their proposed budgets for the coming fiscal year, and debate on those documents is underway.

Getty Images

Faced with a midnight deadline for extending America’s authority to borrow money, Congressional leaders reached a long-awaited deal to raise the debt ceiling and reopen the federal government.

Location is a Big Factor of the Wealth Gap

Aug 9, 2013
davereid2, flickr

Milwaukee is known nationwide as being one of the most segregated cities in the country; segregated both racially and economically.

Navy.outreach/Flickr

A new study shows Milwaukee nonprofits are beginning to thrive once again.

It was described as a perfect storm – the interaction between the Great Recession and nonprofit organizations. Giving was down to nonprofits at exactly the time when many of their services were needed the most.

MMAC Survey Details Mediocre May

Jul 11, 2013

The local economy sputtered this May, according to year over year figures.

Wisconsin Tied for #31 in Jobs Added in 2012

Jun 27, 2013

Wisconsin ranked 31st in terms of job growth in 2012, tied with Delaware, Maryland and South Dakota, according to the Bureau of Labor Statistics.

In the agency's tallies for last year, jobs in Wisconsin grew by 1.2%. The national average was 1.9%.

In raw numbers, the state added 62,000 private sector jobs in 2011 and 2012, the first two years of Gov. Walker's term. He had pledged to create 250,000 private sector positions during his term, leaving him a quarter way toward that goal.

Survey: Many Wisconsinites Think State Economy Headed in Wrong Direction

Jun 13, 2013
Flickr

A new poll shows decreasing confidence in the state of Wisconsin's economy.

National Journal Looks at the New Milwaukee

Jun 7, 2013
photo by Sophie Quinton, National Journal

Perhaps no story has been reported on in Milwaukee over the past twenty years as much as the transformation of the local economy, away from traditional manufacturing.  It’s had an impact on employment, but that transition is also felt in countless other arenas.

The state of Wisconsin ranks next to last among the 50 states for economic growth over the next six months.

Chris Stolarski

Thousands of local college students graduated over the weekend. UWM and Marquette were among those holding commencement ceremonies. More grads will pick up their diplomas next weekend, including at MSOE and MATC.

Where are you from?  Ask that to the next person you meet on the street in Milwaukee, and they’ll probably look at you funny.  So, instead, take our word for it – the answer is probably someplace local.

Writer and Lake Effect essayist Avi Lank says where we are from says a great deal about where we are going:

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