Report Pegs Wisconsin Economic Growth 49th in U.S.

Jun 6, 2013

Wisconsin is among a handful of states that received a gloomy economic outlook in a report by a federal reserve bank.

The state of Wisconsin ranks next to last among the 50 states for economic growth over the next six months.

The report from the Federal Reserve Bank of Philadelphia groups Wisconsin with Alaska, North Dakota, Louisiana, and Wyoming as states with lackluster economic prospects for the remainder of 2013.

Things are much brighter for several of Wisconsin's Midwestern neighbors. The Federal Reserve bank's outlook forecasts economic growth of up to four and a half percent in Illinois, Michigan and Indiana. The report states growth inĀ  Minnesota and Iowa over the next six months could increase by up to one and a half percent.