WMC survey finds fewer employers expect to hire in coming months

Hiring expectations among Wisconsin employers have fallen dramatically in the latest Wisconsin Manufacturers & Commerce survey.  WMC yesterday announced results from the organization’s latest Wisconsin Employer Survey, conducted online and through the mail in late June. Forty-nine percent of respondents

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Farm groups led by Edge co-op getting $50M USDA grant

Farm groups led by Edge Dairy Farmer Cooperative are getting a $50 million USDA grant for more sustainable, climate-friendly dairy and beet sugar production.  The Green Bay-based co-op and nonprofit Farmers for Sustainable Food yesterday announced Edge has finalized an

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Dry conditions impacting crop growth in Wisconsin

Widespread drought conditions are hurting some crops in the state, according to the latest report from the USDA’s National Agricultural Statistics Service.  The federal agency’s latest crop progress report, produced in cooperation with DATCP, covers the week ending June 18.

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Record $23.7B tourism impact in 2022

Gov. Tony Evers is hailing the news that Wisconsin’s tourism industry generated a record $23.7 billion in total economic impact in 2022. That exceeds the previous record of $22.2 billion in total economic impact in 2019, according to the guv’s

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InvivoSciences gearing up for FDA application on heart failure drug

InvivoSciences, a pre-clinical stage biotech firm based in Madison, is gearing up for a potential FDA application for a heart failure drug and companion diagnostic tool.  But first, company leaders plan to meet with officials at the federal agency to get feedback ahead of making any submission. That’s according to

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Crops continue to struggle as parts of Wisconsin see extreme drought

Farmers in the state continue to grapple with persistent dry conditions as portions of Wisconsin are now experiencing extreme drought.  While the USDA’s latest crop progress report notes sporadic rain in western Wisconsin and elsewhere have helped some, much of the state continues to see “poor crop and pasture conditions”

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WMC survey finds fewer employers expect to hire in coming months

Hiring expectations among Wisconsin employers have fallen dramatically in the latest Wisconsin Manufacturers & Commerce survey.  WMC yesterday announced results from the organization’s latest Wisconsin Employer Survey, conducted online and through the mail in late June. Forty-nine percent of respondents expect to add employees over the next six months, compared

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Presidential economic advisor touts impact of ‘Bidenomics’ on small business

A top presidential economic advisor is touting the impact of “Bidenomics” on Wisconsin’s small business community.  Jared Bernstein, chair of President Biden’s Council of Economic Advisers, yesterday told WisBusiness.com the president’s plan for continued economic growth involves “growing the economy from the bottom up and the middle out.”  His remarks

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Farm groups led by Edge co-op getting $50M USDA grant

Farm groups led by Edge Dairy Farmer Cooperative are getting a $50 million USDA grant for more sustainable, climate-friendly dairy and beet sugar production.  The Green Bay-based co-op and nonprofit Farmers for Sustainable Food yesterday announced Edge has finalized an agreement with the federal agency for the new grant. It

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State officials praise $1 billion in federal broadband money

Public Service Commission Chairperson Rebecca Valcq is praising a $1.05 billion investment in broadband for the state, saying along with public and private dollars, the funding “will make it possible to achieve our goal of internet for all.” U.S. Sen. Tammy Baldwin, D-Madison, and U.S. Rep. Mark Pocan, D-Town of

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Median home sale price in Wisconsin rose 153 percent since 2012

The median sale price for homes in Wisconsin has more than doubled over the past decade, according to a new report from UW-Madison’s Division of Extension.  The report was authored by Prof. Steven Deller, an economist in the university’s Department of Agricultural and Applied Economics.  Between April 2012 and April

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Versiti expansion expected to bring more than 100 jobs to the state

The Versiti Blood Research Institute’s planned expansion in Wauwatosa could bring more than 100 new jobs to the area.  That’s according to Chris Miskel, president and CEO of Versiti. In a recent interview, he discussed the research institute’s plans for adding 65,000 square feet of new space to its Wisconsin

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Dry conditions impacting crop growth in Wisconsin

Widespread drought conditions are hurting some crops in the state, according to the latest report from the USDA’s National Agricultural Statistics Service.  The federal agency’s latest crop progress report, produced in cooperation with DATCP, covers the week ending June 18. It shows moisture levels in both topsoil and subsoil have

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SixLine Semiconductor CEO focused on building industry relationships, proving tech

After winning this year’s Wisconsin Governor’s Business Plan Contest, SixLine Semiconductor CEO Katy Jinkins is focused on proving the company’s technology and building industry relationships.  This Middleton-based company is developing advanced electronics components using carbon nanotubes — very small materials that can be incorporated into wireless devices and used for

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Metro Milwaukee home sales down 21.1 percent in May, report shows

Home sales in the greater Milwaukee area were down 21.1 percent over the year in May, continuing a trend seen throughout the first part of this year.  According to the latest Greater Milwaukee Association of Realtors report, 1,574 homes were sold last month in Milwaukee, Waukesha, Ozaukee and Washington counties.

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Wage and salary growth expected to slow this year, the next

Wage and salary growth in Wisconsin is expected to slow this year and the next, according to the latest Department of Revenue economic forecast.  After wages and salaries in the state grew 8.2 percent last year, they’re expected to rise 6.6 percent this year and 3.6 percent in 2024. At

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Record $23.7B tourism impact in 2022

Gov. Tony Evers is hailing the news that Wisconsin’s tourism industry generated a record $23.7 billion in total economic impact in 2022. That exceeds the previous record of $22.2 billion in total economic impact in 2019, according to the guv’s release. All 72 counties saw a boost in total tourism

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Bankers less pessimistic about economic outlook, survey finds

Bankers in Wisconsin are less pessimistic about the economy’s trajectory, according to the latest Wisconsin Bankers Association survey.  The group found 86 percent of the bank CEOs tapped in its most recent survey expect inflation to fall or stay flat over the next six months, which is up from 76

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Baldwin touting bill to provide tax credits for electric motorcycles

U.S. Sen. Tammy Baldwin says new federal legislation would make electric motorcycles more affordable while supporting manufacturers including Harley-Davidson.  The Madison Dem last week introduced the Electric Motorcycle Parity Act alongside U.S. Sen. Bob Casey, a Democrat from Pennsylvania. The bill would add certain qualifying motorcycles to the list of

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