Wisconsin Financial Forecast Luncheon | Econbrowser

Video through WisconsinEye, occasion on April tenth.

Sponsored by WisBusiness. Abstract from WisconsinEye:

The annual Wisconsin Financial Forecast Luncheon, set for April 10, 2024 on the Madison Sheraton, is co-organized by WisPolitics-WisBusiness and the Wisconsin Bankers Affiliation. This yr a spotlight is the housing market and rates of interest. Mark Eppli, director of the James A. Graaskamp Heart for Actual Property on the College of Wisconsin-Madison Enterprise Faculty, gave a keynote presentation on the luncheon and was adopted by a panel on different key points equivalent to workforce, wages and prospects for development.

Agenda:

11:30 AM – 12:30 PM | State of the Wisconsin housing market

Actual property skilled Mark Eppli supplies insights into the place the housing market and rates of interest are going, offers remarks and solutions questions.
12:30 PM – 1:15 PM | State of the Wisconsin financial system

A matter-and-answer session with a panel that includes two economists and an area banker. The economists are: Dale Knapp, of Ahead Analytics, a division of the Wisconsin Counties Affiliation; and Romina Soria, a senior economist on the Wisconsin Division of Income.

My dialogue of DoR’s Financial Outlook forecast, and the Wisconsin macro outlook. Right here’s the related image incorporating newest macro indicators.

Determine 1: Wisconsin Nonfarm Payroll Employment (darkish blue), Philadelphia Fed early benchmark measure of NFP (pink), Civilian Employment (tan), actual wages and salaries linearly interpolated, deflated by nationwide chained CPI (sky blue), GDP (crimson), coincident index (inexperienced), all in logs 2021M11=0. Supply: BLS, BEA, Philadelphia Fed [1], [2], and writer’s calculations.

Notice that no recession (as alleged by the WisGOP) is obvious within the newest knowledge (though these estimates are positive to be revised).