Politics of Wisconsin - Economy

Economy

See also: Wisconsin locations by per capita income

In 2010 Wisconsin’s gross state product was $248.3 billion, making it 21st among U.S. states. The economy of Wisconsin is driven by manufacturing, agriculture, and health care. The state's economic output from manufacturing was $48.9 billion in 2008, making it the tenth largest among states in manufacturing gross domestic product. Manufacturing accounts for about 20% of the state's gross domestic product, a proportion that is third among all states. The per capita personal income was $35,239 in 2008.

As of June 2010, the state's unemployment rate was 7.9% (seasonally adjusted).

In quarter four of 2011, the largest employers in Wisconsin were:

  1. Wal-Mart
  2. University of Wisconsin–Madison
  3. Milwaukee Public Schools
  4. U.S. Postal Service
  5. Wisconsin Department of Corrections
  6. Menards
  7. Marshfield Clinic
  8. Wisconsin Department of Veterans Affairs
  9. Target Corporation, and
  10. City of Milwaukee.

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Famous quotes containing the word economy:

    “Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
    —Alexander Herzen (1812–1870)

    “Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
    —Jane Jacobs (b. 1916)

    “The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
    —Ralph Waldo Emerson (1803–1882)