Economy
See also: Wisconsin locations by per capita incomeIn 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:
- Wal-Mart
- University of Wisconsin–Madison
- Milwaukee Public Schools
- U.S. Postal Service
- Wisconsin Department of Corrections
- Menards
- Marshfield Clinic
- Wisconsin Department of Veterans Affairs
- Target Corporation, and
- City of Milwaukee.
Read more about this topic: Economy Of Wisconsin
Famous quotes containing the word economy:
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (18031882)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (18721933)