11:56 pm
25 December 2024

Business Groups Expect Bumps Ahead

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Business Groups Expect Bumps Ahead

Wisconsin’s largest business group says most companies are expecting a recession this year. 

Wisconsin Manufacturers & Commerce released its latest Employer Survey yesterday. The survey says 39 percent of employers rated the Wisconsin economy as strong or very strong. That is a five-point drop from the summer, and well below the 53 percent who said the economy was strong just a year ago. WMC’s Kurt Bauer says just 25 percent of bosses in Wisconsin expect the economy in this country to grow over the next year.

Bauer says high prices and a worker shortage remain the biggest problems for Wisconsin companies.

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