ECONOMY

Real Wages Rising in Wisconsin


For all private workers, as well as production and nonsupervisory:

Figure 1: Wisconsin average hourly wages for all private sector workers, in 2017M12$ (blue), for production and nonsupervisory workers (tan). Uses CPI for East North Central/Midwest, seasonally adjusted by author using X-13 (log transform). NBER defined peak-to-trough recession dates shaded gray. Source: BLS, and author’s calculations.

Figure 2: Year-on-year growth rate in Wisconsin average hourly wages for all private sector workers (blue), for production and nonsupervisory workers (tan). Uses CPI for East North Central/Midwest, seasonally adjusted by author using X-13 (log transform). Growth rates using 12 month log differences. NBER defined peak-to-trough recession dates shaded gray. Source: BLS, and author’s calculations.

So, with real wages rising and employment growth strong, Wisconsin seems to be in a good economic spot, a perception that is reflected in polls, in the aggregate.

Figure 3: Percent of likely voter respondents to the question “How would you describe the state of Wisconsin’s economy these days?” Source: Marquette Law School Poll.



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