Economy
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:
- 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: Geography Of Wisconsin
Famous quotes containing the word economy:
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)