A state economist says for the most part, the economic recovery will speed up a bit with lower energy prices.
Scott Hodek says the the price of gas is about half of what it was just two years ago. He says when drivers look at the numbers on the gas pump, it can provide a psychological impact, either positive or negative, to consumers...
December wasn’t a great month for home sales in northern Wisconsin, but the region still managed to exceed its total sales volume from the previous year.
Sales in northern Wisconsin dropped by more than 7 percent in December compared to that month in 2013. But this part of the state came out ahead when looking at the year as a whole, with sales up about one percent according to the Wisconsin Realtors Association.
Those gains are the strongest of any region in Wisconsin.
A state economist thinks the Northwoods economy will continue to improve. Ken Krall spoke with Department of Workforce Development economist Scott Hodek about the forecast for the next few months.
A report last Friday by BMO Economics held much the same forecast as Hodek. According to the report published by BizTimes.com, real gross domestic product in Wisconsin will increase 2.3 percent in 2014 and rise 2.6 percent in 2015. This is up more than a full percentage point from the 1.2 percent growth rate in 2013, bolstered by firming factory activity and modest export growth.
One side stands by the story, the other says it wasn't accurate. Did Governor Walker say the state won't actually create 250,000 jobs? Ken Krall has the details.
Earlier this week, WJFW TV in Rhinelander talked to Governor Scott Walker in Merrill.
The WJFW story said Walker had backed off the promise, telling the station he said they state was more than 133,000 down because of the recession and 250,000 wasn't a "magic number" but rather about jobs affecting people.
Businesses in downtown Rhinelander put on their best show for an annual street fair Wednesday.
It was a breezy day on Brown Street and vendors were out in full force, selling everything from antiques to tshirts to shaved ice. Justine Whitefish is selling frybread. She's been making it for 33 years but she’s a new entrepreneur. It’s her first year at Redikulus Dae and she’s a little disappointed by the turnout.
The unemployment rate for most Northwoods counties has slipped below double-digits.
The Department of Workforce Development monthly unemployment numbers for May show the lowest rate in the region in Price county at 6.8 percent, Oneida at 8.3, Langlade 8.6, Lincoln 8.8, Forest 9.1, Vilas 9.3 and Iron county the second-highest in the state at 11.5.