Category: Wisconsin Economy

Reopening the Economy: Early Evidence from Georgia and Wisconsin

5.29.20. Noah Williams. After implementing stay-at-home orders to slow the spread of the COVID-19, over the past couple of weeks, a number of states have moved toward “reopening” their economies.

Reopening Wisconsin: Current Economic & Health Indexes

5.7.20. Center for Research on the Wisconsin Economy, UW-Madison. In our report, “Reopening Wisconsin” we provide both economic and health metrics to consider when moving toward relaxing social distancing guidelines. This brief updates the current economic and health indexes.

Measuring Wisconsin Economic Activity Using Foot Traffic Data

5.6.20. Noah Williams. The COVID-19 pandemic is leading to unprecedented social and economic disruptions around the globe. The economies in many locations have ground to a halt, as social distancing measures to slow the spread of the virus have increasingly led to businesses being shut down and workers ordered to shelter in place.

The Impact of Statewide Stay-at-Home Orders: Estimating the Heterogeneous Effects Using GPS Data from Mobile Devices

4.29.20. Junjie Guo. In response to the spread of COVID-19, most states in the U.S. have ordered nonessential businesses to close and residents to not leave home unless necessary. This paper estimates the impact of these stay-at-home orders on the mobility of Americans using GPS data from mobile devices

Reopening Wisconsin: Regional Health and Economic Factors

4.28.20. CROWE. Most states have imposed stay-at-home orders to fight the COVID-19 pandemic. Now many are considering guidelines for reopening, which have been based solely on current health indicators. We consider both economic and health factors, accounting for differences across regions and industries.

Consumer Responses to the COVID-19 Pandemic

4.23.20. Noah Williams. As the COVID-19 pandemic has spread across the United States, consumers have changed their spending habits dramatically. Initially, the changes began with people canceling inessential travel, limiting attendance at large gatherings, generally limiting social exposure, and moving from purchases in-store to online.

Air Traffic Data as a Proxy for Economic Activity in the Transportation Sector

4.8.20. Simeon Alder. The imposition of numerous social distancing measures in response to the COVID-19 pandemic has curtailed economic activity significantly. The impact, however, varies across industries and one of the challenges at this time is to measure the impact in a timely manner.

Forecasting the U.S. and Wisconsin Economies in 2020

1.17.20. Junjie Guo and Noah Williams. This paper provides forecasts for the United States and Wisconsin economies in 2020. We use a mixed-frequency vector auto-regression model that has been previously applied to forecast the national economy, which we extend to also consider the state of Wisconsin. Our forecasts suggest that the long economic recovery will continue in 2020.

Revisiting the Foxconn Agreement

12.18.19. Noah Williams. In 2017 the state of Wisconsin agreed to an unprecedented agreement, both in the scale of the project and the accompanying state subsidies, for a planned large-scale manufacturing plant by Foxconn.

Faulty Data Driving the Manufacturing “Recession” in Pennsylvania and Wisconsin

12.5.19. Noah Williams. Nationwide there has been a slowdown in manufacturing employment in 2019, and the decline seemed to be especially strong in Pennsylvania and Wisconsin.