Wisconsin ranks 49th in Fed economic forecast

[Jimbo S]

Wisconsin’s six-month economic forecast ranks 49th in the nation, according to the latest state-by-state analysis by the Federal Reserve Bank of Philadelphia.

The Philadelphia Fed produces a quarterly “Leading Index” for each of the 50 states to forecast six-month economic growth.

Wisconsin’s coincident growth index stands at -0.74 percent. Wyoming is the only state with a lower projection.

The projections take into account several variables, including state housing permits, state initial unemployment claims and delivery times from the Institute for Supply Management manufacturing surveys.

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Any surprise?

[Drale]

1. Not a surprise at all /nt

[Scuba]

2. In other words, thanks to Squat Wanker, we're # 2.

[midnight]

3. I guess we can all rotate being unemployed for two years at a crack....