Economic Indicators:

An Update for the 7 Rivers Region

Why did they do so well?

“If economists could manage to get themselves

thought of as humble, competent people on a

level with dentists, that would be splendid.”

~ John Maynard Keynes

-

100.0

200.0

300.0

400.0

500.0

600.0

700.0

800.0

900.0

1,000.0

1998 2000 2002 2004 2006 2008 2010 2012 2014 2016

Total Number of Foreclosures Filed in: Jackson, Juneau,

La Crosse, Monroe, Trempealeau, Vernon Counties

0

1

2

3

4

5

6

7

Michigan Iowa Minnesota Wisconsin Illinois

2011-2014 Cumulative GSP Growth

Why did they do so well?

Why did they do so well?

Theory suggests that trade with China yields aggregate

gains for the US economy. Our study also highlights the

distributional consequences of trade and the medium run

efficiency losses associated with adjustment to trade

shocks. The consequences of China trade for US

employment, household income, and government benefit

programs may contribute to public ambivalence toward

globalization and specific anxiety about increasing trade

with China.

~ Autor, Dorn, and Hanson (2013)

China Syndrome

Why did they do so well?

Why did they do so well?

Immigration

0.0%

5.0%

10.0%

15.0%

US Minnesota Wisconsin La Crosse City

Foreign born persons, percent, 2010

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

Allamakee WinonaTrempealeauLa Crosse Monroe Jackson Houston Juneau Vernon

Foreign born persons, percent, 2010

0.0%

2.5%

5.0%

7.5%

10.0%

12.5%

Vernon Monroe AllamakeeTrempealeau Winona Jackson La Crosse Juneau Houston

Language other than English spoken at home, pct age 5+, 2010

0%

25%

50%

75%

100%

1820-30 1851-60 1881-90 1911-20 1941-50 1971-80 2001-06

Source of U.S. Immigrants

Oceania*

Africa

Americas

Asia

Europe

0%

3%

6%

9%

1820 to1829

1850 to1859

1880 to1889

1910 to1919

1940 to1949

1970 to1979

2000 to2009

U.S. immigration as a percentage of U.S. population

Oceania*

Africa

Americas

Asia

Europe

0

2

4

6

8

10

12

14

1990 1995 2000 2005 2010 2015

Millions if Unauthorized Immigrants

I can’t wait for Monday Night!

Thanks.