Dec 08 2024 2 mins
Wisconsin has seen a mix of significant developments across various sectors recently. The state budget committee approved $27 million for the Wisconsin Economic Development Corporation to support a regional biohealth tech hub and communities affected by University of Wisconsin shutdowns[1]. This move aims to boost economic growth and address local needs.
In government and politics, the 2023-24 legislative session has adjourned, with over 120 bills signed into law and 7 vetoed by Governor Evers[2]. Notably, two binding referendum questions will appear on the April 2nd statewide ballot, potentially amending the state constitution to make it more difficult for local governments to administer elections.
On the economic front, the Wisconsin Department of Revenue forecasts employment growth of 0.8% in 2024, with the state's unemployment rate standing at 3% in Q2 2024, significantly lower than the national average[3]. Additionally, nominal personal income is expected to grow 4.3% in 2024, with real personal income increasing by 1.7%.
In community news, tensions are rising between Milwaukee officials and groups planning to protest the upcoming Republican National Convention, with no agreement reached on protest locations[1]. Meanwhile, the National Oceanic and Atmospheric Administration (NOAA) predicts a colder and stormier winter than usual in Wisconsin due to La Niña conditions, with a 74% chance of these conditions occurring[4].
Looking Ahead:
- The Republican National Convention is set to begin next week, with ongoing negotiations between protest organizers and Milwaukee officials.
- The April 2nd statewide ballot will feature two binding referendum questions that could impact local election administration.
- The state's economic performance will be closely watched, particularly in light of the forecasted employment growth and potential impacts of La Niña on winter weather.
In government and politics, the 2023-24 legislative session has adjourned, with over 120 bills signed into law and 7 vetoed by Governor Evers[2]. Notably, two binding referendum questions will appear on the April 2nd statewide ballot, potentially amending the state constitution to make it more difficult for local governments to administer elections.
On the economic front, the Wisconsin Department of Revenue forecasts employment growth of 0.8% in 2024, with the state's unemployment rate standing at 3% in Q2 2024, significantly lower than the national average[3]. Additionally, nominal personal income is expected to grow 4.3% in 2024, with real personal income increasing by 1.7%.
In community news, tensions are rising between Milwaukee officials and groups planning to protest the upcoming Republican National Convention, with no agreement reached on protest locations[1]. Meanwhile, the National Oceanic and Atmospheric Administration (NOAA) predicts a colder and stormier winter than usual in Wisconsin due to La Niña conditions, with a 74% chance of these conditions occurring[4].
Looking Ahead:
- The Republican National Convention is set to begin next week, with ongoing negotiations between protest organizers and Milwaukee officials.
- The April 2nd statewide ballot will feature two binding referendum questions that could impact local election administration.
- The state's economic performance will be closely watched, particularly in light of the forecasted employment growth and potential impacts of La Niña on winter weather.