Geography of Wisconsin - Economy

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:

  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.

Read more about this topic:  Geography Of Wisconsin

Famous quotes containing the word economy:

    “The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
    —Henry David Thoreau (1817–1862)

    “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)

    “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)