Click Economic to edit MOverview aster /tle ofstyle North Central Wisconsin • Click t o e dit M aster t ext s tyles Presented by: The Central Wisconsin Economic Research Bureau – Second level • Third level Randy F. Cray, Ph.D. – Fourth level » Fi9h level Scott Wallace, Ph.D. Professor of Economics CWERB Chief Economist Professor of Economics CWERB Research Associate Ziwen Zhang Professor of Economics CWERB Coordinator Jeffrey Dallman CWERB Research Assistant Click to edit Master /tle style • Click to edit Master text styles – Second level • Third level – Fourth level » Fi9h level Popula'on in Coun'es Click to edit Master /tle style • Click to edit Master text styles – Second level • Third level – Fourth level » Fi9h level Source: U.S. Census 1981, 1990, 2000, and 2010 North Central Wisconsin Regional Planning Commission Popula'on Trends Percent Change of Popula'on in Coun'es 1980-­‐1990, 1990-­‐2010, and 2000-­‐2010 25.00% Click to edit Master /tle style 21.28% 20.00% • Click to edit Master text styles 15.00% 14.19% 13.86% – Second level 10.00% 5.00% 12.45% 10.96% 9.66% • Third level 4.79% 15.81% 8.93% 6.54% 5.95% – Fourth level 2.83% » Fi9h level 8.60% 8.29% 6.49% 6.62% 1990-­‐2000 4.22% 3.58% 1.62% 1980-­‐1990 2.58% 1.89% 1.10% 1.46% 0.00% Adams -­‐5.00% Forest -­‐3.05% Juneau Langlade -­‐2.43% -­‐3.68% Lincoln -­‐3.03% -­‐7.18% -­‐10.00% Source: U.S. Census 1981, 1990, 2000, and 2010 North Central Wisconsin Regional Planning Commission Marathon Oneida -­‐2.12% Portage Vilas Wood -­‐1.07% 2000-­‐2010 Popula'on Trends Popula'on in Regions 500,000 450,000 Click to edit Master /tle style 379,311 392,402 • Click to edit Master text styles 44,236.00 400,000 34,494.00 – Second level 350,000 300,000 250,000 441,822 431,021 47,539.00 37,332.00 • Third level 278,831.00 – Fourth level 250,410.00 » Fi9h level 268,571.00 103,328.00 104,660.00 118,214.00 115,452.00 1980 1990 2000 2010 241,489.00 200,000 100,000 0 Source: U.S. Census 1981, 1990, 2000, and 2010 North Central Wisconsin Regional Planning Commission Central North 150,000 50,000 South Popula'on Trends Percent Change of Popula'on in Coun'es 1980-­‐1990, 1990-­‐2010, and 2000-­‐2010 25.00% Click to edit Master /tle style 21.28% • Click to edit Master text styles 20.00% – Second level 15.00% 14.19% 10.00% 5.00% 15.81% 13.86% 12.45% 10.96% 9.66% • Third level 4.79% 8.93% 5.95% – Fourth level 2.83% » Fi9h level 1.62% 8.60% 8.29% 6.54% 6.49% 1980-­‐1990 6.62% 1990-­‐2000 4.22% 3.58% 2000-­‐2010 2.58% 1.89% 1.10% 1.46% 0.00% Adams -­‐5.00% Forest -­‐3.05% Juneau Langlade -­‐2.43% -­‐3.68% Lincoln -­‐3.03% -­‐7.18% -­‐10.00% Source: U.S. Census 1981, 1990, 2000, and 2010 North Central Wisconsin Regional Planning Commission Marathon Oneida -­‐2.12% Portage Vilas Wood -­‐1.07% Popula'on Trends Percent Change of Popula'on in Regions 1980-­‐1990, 1990-­‐2010, and 2000-­‐2010 20.00% Click to edit Master /tle style 18.50% • Click to edit Master text styles 15.00% 13.06% 13.00% – Second level 10.00% • Third level 7.30% 10.00% 8.20% – Fourth level » Fi9h level 3.70% 3.70% 5.00% 8.96% 10.20% 9.60% 1980-­‐1990 6.80% 6.05% 2000-­‐2010 3.34% 4.00% 2.51% 1.30% 0.00% North -­‐2.50% Central South -­‐5.00% Source: U.S. Census 1981, 1990, 2000, and 2010 North Central Wisconsin Regional Planning Commission 1990-­‐2000 Region Wisconsin United States Popula'on Projec'on 600000 Click to edit Master /tle style Adams Forest • Click to edit Master text styles 500000 Juneau Langlade – Second level 400000 300000 Lincoln Marathon • Third level Oneida – Fourth level » Fi9h level 200000 Portage Vilas Wood North 100000 Central South Region 0 1980 1990 2000 2010 Source: U.S. Census 1981, 1990, 2000, and 2010 North Central Wisconsin Regional Planning Commission 2015 2020 2025 2030 Income Trends Median Household Income 60000 Click to edit Master /tle style 50000 • Click to edit Master text styles 40000 – Second level 30000 20000 • Third level – Fourth level » Fi9h level 10000 0 Source: U.S. Census and American Community Survey (reflects 1979, 1989, and 1999 incomes) North Central Wisconsin Regional Planning Commission 1980 1990 2000 2010 Percent Change of Median Household Income 1980-­‐1990, 1990-­‐2010, 2000-­‐2010, and 1980-­‐2010 Click to edit Master /tle style 140% 121% 120% • Click to edit Master text styles 104% 96% 100% 80% 87% – Second level 44% 37% 40% 23% 18% 5% 0% 87% 92% 79% 11% 3% 14% 10% 74% 77% 1980-­‐1990 64% 1990-­‐2000 – Fourth level 35% 31% 25% 24% » Fi9h l25% evel 22% 22% 20% 18% 11% 104% 92% 88% • Third level 60% 20% 104% 99% 4% 2000-­‐2010 31% 25% 26% 15% 9% 4% 28% 22% 14% 7% 6% 5% 1980-­‐2010 30% 23% 21% 20% 19% 15% 13% 10% 10% 12% 9% 8% 8% 9% 5% -­‐5% -­‐20% Source: U.S. Census and American Community Survey (reflects 1979, 1989, and 1999 incomes) North Central Wisconsin Regional Planning Commission *This percentage has been adjusted for infla'on (BLS) -­‐7% Workforce Trends Labor Force Par'cipa'on Rates Click to edit Master /tle style 80% 72% 72% 70% 66% 66% 65% 64% 63% 63% 71% 69% 67% 67% 70% 70% • Click to edit Master text styles 60% 56% 50% – Second level 40% 30% 20% 62% 62% 56% 55% 51% 58% 57% 62% 62% 69% 69% 67% 67% 66% 65% 60% 59% • Third level – Fourth level » Fi9h level 10% 0% Source: U.S. Census 2000 & 2010 American Community Survey North Central Wisconsin Regional Planning Commission 2000 2010 Educa'on A\ainment Percent of Popula/on Over 25 Who Have Completed Four Years of High School Or More 100.0% Click to edit Master /tle style 91.9% 90.4% 91.7% 89.2% 89.5% 89.1% 88.7% 89.4% 88.4% 87.3% 87.3% 86.5% 85.6% 90.0% 85.6% 85.0% 84.7% 84.6% 83.1% 84.7% 84.3% 83.5% 85.1% 85.6% 84.0% 83.9% 81.3% 80.4% 81.1% 81.8% 79.7% 78.3% 78.5% 78.3% 77.7% 77.6% 77.5% 76.8% 76.1% 80.0% 75.9% 75.5% 75.2% 73.5% 71.5% 71.1% 70.6% 69.0% 70.0% 67.0% 64.1% • Click to edit Master text styles 60.0% 50.0% 40.0% 30.0% – Second level • Third level – Fourth level » Fi9h level 20.0% 10.0% 0.0% Source: U.S. Census and American Community Survey North Central Wisconsin Regional Planning Commission 1990 2000 2010 Educa'on A\ainment Percent of Popula/on Over 25 Who Have Completed Bachelors Degree Or Higher 30.0% Click to edit Master /tle style 28.2% 27.1% 25.8% 24.4% 25.0% • Click to edit Master text styles 25.0% 23.4% 22.4% 20.0% – Second level 20.8% 19.9% 19.1% 18.3% 14.9% 14.7% 13.6% 13.5% 12.9% 12.0% 12.1% 11.7% 10.8% 10.8% 10.0% 10.0% 10.0% 8.6% 8.8% 10.0% 7.4% 7.6% 15.0% 5.0% • Third level – Fourth level » Fi9h level 0.0% Source: U.S. Census and American Community Survey North Central Wisconsin Regional Planning Commission 22.4% 21.8% 19.2% 18.6% 19.1% 17.6% 16.9% 15.8% 14.8% 13.7% 13.5% 12.0% 20.3% 19.8% 18.3% 17.1% 13.3% 11.5% 10.0% 8.1% 1990 2000 2010 Click to edit Master /tle style • Click to edit Master text styles – Second level • Third level – Fourth level » Fi9h level Employment Trends Percent Change of Total Employment 1980-­‐1990, 1990-­‐2010, and 2000-­‐2010 70.0% Click to edit Master /tle style 63.9% 60.0% • Click to edit Master text styles 50.0% 40.0% 45.1% – Second level 34.6% 34.6% 30.0% 20.0% 21.9% 19.2% 19.5% 10.0% 2.9% -­‐10.0% -­‐20.0% 22.6% – Fourth level » Fi9h level -­‐0.1% 34.0% 33.2% 32.8% 25.7% • Third level 23.4% 22.1% 21.7% 22.0% 12.8% 0.0% 37.4% 27.4% 25.7% 24.8% 24.5% 24.0% 23.5% 21.6% 21.3% 22.1% 18.7% 17.8% 15.0% 1980-­‐1990 1990-­‐2000 2000-­‐2010 5.6% 2.8% -­‐2.9% -­‐7.5% 31.0% -­‐1.9% -­‐3.8% -­‐10.1% -­‐9.8% -­‐17.0% -­‐30.0% Source: WI DWD; 202 Reports, 1st Quarter; 1980, 1990, 2000, 2011, & NCWRPC North Central Wisconsin Regional Planning Commission -­‐10.5% -­‐3.5% -­‐3.2% Employment Trends Percent Change of Regional Employment by Sector 1990-­‐2010, and 2000-­‐2010 Click to edit Master /tle style 600.0% 537.2% 500.0% • Click to edit Master text styles 400.0% – Second level 300.0% 200.0% • Third level 179.8% 86.5% – Fourth level 85.7% 83.7% 51.7% 49.7% 44.2% 42.30% 40.6% 38.5% 37.0% 33.9% 33.6% 39.5% 28.3% 25.7% 24.4% 16.1% 18.7% 16.8% 13.6% 5.1% » Fi9h level 3.7% 3.3% 3.6% 1.0% -­‐2.0% 91.8% 100.0% 79.1% 38.3% 17.0% 15.6% 0.0% -­‐20.5% -­‐2.0% -­‐8.9% -­‐0.6% -­‐30.5% -­‐31.2% -­‐3.8% -­‐100.0% Source: Wisconsin Department of Workforce Development: 202 Reports North Central Wisconsin Regional Planning Commission 1990-­‐2000 2000-­‐2010 Unemployment Trends 2010 Unemployment Rates by Region Click to edit Master /tle style • Click to edit Master text styles – Second level • Third level – Fourth level » Fi9h level Source: U.S. Census 1990, 2000 & Wisconsin DWD 2010 North Central Wisconsin Regional Planning Commission Unemployment Trends Unemployment Rates 14.0% 12.0% Click to edit Master /tle style 11.1% 10.6% 11.5% • Click to edit Master text styles 10.0% 8.0% 6.0% 4.0% 10.1% 9.9% 10.0% – Second level 7.8% 7.7% 7.6% • Third level 6.6% 6.4% 6.6% 6.1% 5.8% 5.3% 10.5% 10.0% 8.8% 10.5% 8.6% 7.7% 7.2% 6.4% 6.0% – Fourth level 3.9% 3.8% » Fi9h level 5.9% 5.0% 2.0% 0.0% Source: U.S. Census 1990, 2000 & Wisconsin DWD 2010 North Central Wisconsin Regional Planning Commission 5.0% 9.8% 9.1% 8.3% 8.1% 6.8% 6.1% 6.1% 10.4% 6.8% 5.9% 8.3% 7.1% 5.6% 4.8% 4.7% 1990 5.2% 5.4% 4.7% 4.1% 2000 2010 Employment Projec'on Percent Change of Employment Projec'ons by Sector 2008-­‐2018 Click to edit Master /tle style 2008-­‐2018 25.0% • Click to edit Master text styles 21.4% 20.0% 14.3% – Second level 15.0% 10.0% • 5.0% Third level 5.0% 4.4% 3.9% -­‐7.7% – Fourth level -­‐5.0% » Fi9h level 0.0% 2.2% -­‐0.8% -­‐9.9% -­‐10.0% -­‐15.0% 5.9% 5.8% -­‐11.8% -­‐20.0% -­‐25.0% -­‐22.3% Source: Wisconsin Department of Workforce Development: 202 Reports North Central Wisconsin Regional Planning Commission 1.3% 3.2% 2.9% 2008-­‐2018 Loca'on Quo'ent Analysis Regional Loca'on Quo'ents Greater than 1 Click to edit Master /tle style 10 8.78 9 8 6.83 7 6 5 3.23 4 2.76 2.73 2.6 2.15 2.13 2.04 1.94 3 1.69 1.69 1.51 1.45 1.44 1.36 1.35 1.22 1.17 1.17 1.16 1.12 1.02 2 1 0 • Click to edit Master text styles – Second level • Third level – Fourth level » Fi9h level Source: Bureau of Labor Sta's'cs, 2010 North Central Wisconsin Regional Planning Commission LQ Click to edit Master /tle style • Click to edit Master text styles – Second level • Third level – Fourth level » Fi9h level Tourism Expenditures Percent Change of Tourism Expenditures, 2000-­‐2010 Click to edit Master /tle style 70.0% • Click to edit Master text styles 60.0% 50.0% 40.0% 30.0% 20.0% 10.0% 59.8% – Second level 47.4% • Third level 33.9% – Fourth level » Fi9h level 2000-­‐2010 15.5% 14.7% 11.4% 10.0% 7.7% 1.6% 0.0% 37.3% 5.0% 3.8% -­‐2.5% -­‐10.0% Source: Wisconsin Department of Tourism North Central Wisconsin Regional Planning Commission 17.2% 11.4% Popula'on by Age Group Click to edit M aster /tle style Under 5 years 3.1% 5 to 9 years 2.4% 2.6% 5.6% • Click to edit Master text styles 10 to 14 years 5.8% 4.2% 15 to 19 years 6.1% 5.3% – Second level 20 to 24 years 25 to 29 years 6.6% • Third l evel 35 to 39 years 6.5% 30 to 34 years 40 to 44 years 45 to 49 years 50 to 54 years 55 to 59 years 60 to 64 years 65 to 69 years – Fourth level 7.7% » Fi9h level 5.9% 5.6% 8.2% 5.7% 7.3% 70 to 74 years 75 to 79 years Source: Economic Modeling Specialists Interna'onal North Central Wisconsin Regional Planning Commission 6.2% 5.2% Average Earnings by Industry (2012) Click to edit M aster /tle style • Click to edit Master text styles – Second level $140,000 $120,000 $120,082 $100,000 $80,000 $60,000 $57,478 $49,104 $37,965 $36,503 $40,000 $29,615 • Third level $67,612 $62,943 $47,713 $43,929 $24,018 $20,000 – Fourth level $0 » Fi9h level Source: Economic Modeling Specialists Interna'onal North Central Wisconsin Regional Planning Commission $57,283 $40,701 $17,069 $50,294 $18,740 $22,900 $18,462 $14,727 $16,427 $12,413 Average Earnings Average Earnings (2012) Click to edit M aster /tle style • Click to edit Master text styles – Second level $70,000 $61,365 $60,000 $51,085 $50,000 $48,478 • Third level $40,868 $40,000 $30,000 $39,609 – Fourth level » Fi9h level $32,479 Na/on $20,000 $10,000 $0 Average Earnings (2012) Region Male Average Earnings (2012) Source: Economic Modeling Specialists Interna'onal North Central Wisconsin Regional Planning Commission Female Average Earnings (2012) Region Exports(2011) Click to edit M aster /tle style • Click to edit Master text styles – Second level $10,000,000,000 $9,000,000,000 $8,000,000,000 $7,000,000,000 $6,000,000,000 $5,000,000,000 $4,000,000,000 $3,000,000,000 • Third level $2,000,000,000 $1,000,000,000 – $0 Fourth level » Fi9h level Source: Economic Modeling Specialists Interna'onal North Central Wisconsin Regional Planning Commission Export (2011) Click to edit Master /tle style • Click to edit Master text styles – Second level QUESTIONS? • Third level – Fourth level » Fi9h level