The CBEI and Central Wisconsin by Scott Wallace The mission of the Center for Business and Economic Insight (CBEI) is to contribute to the success of the Central Wisconsin region through the dissemination of useful knowledge and information. This issue’s special report aims to do just that. In Strengthening Communities: The Power of Asset-Based Approaches, […]
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The 2024 Economy and 2025 Preview
As 2024 comes to an end, overall, the U.S. economy is in great shape. Housing continues to be a sore spot, but the economy keeps rolling along. In 2024 economic growth was strong with more Americans working than ever as job gains continued and real wages were increasing. The U.S. stock market hit several record […]
More...The Pre-Election Economy
This blog will provide one last look at the economy before the 2024 presidential election. The topics covered include interest rates and the Federal Reserve, global and U.S. inflation, the labor market, economic growth, the stock market, and the housing market. Interest Rates and the Federal Reserve In September, the Federal Reserve finally provided a […]
More...Economic Plans: Harris vs. Trump
This blog provides a glimpse of what the future U.S. economy would potentially look like under current proposals presented by Kamala Harris and Donald Trump. Background information on the issues and key components of the proposals are summarized for prices, individual federal income taxes, capital gains taxes, Social Security taxes, business taxes, tariffs and healthcare. […]
More...The Project 2025 Monetary Policy, Gold Standard and Federal Reserve
Project 2025 has recently received significant attention and has been the subject of much discussion. Project 2025 features a 900-page plan for government administration (Mandate for Leadership) that provides domestic, political and economic policies which would significantly transform the U.S. government and American society. It was created by the Heritage Foundation, a conservative think tank […]
More...2024 Mid-Year Economic Update
The U.S. economy continued to roll along in the first half of 2024. Economic growth continued, inflation decreased and the labor market was relatively strong. The strong economic performance was reflected by record stock market performance. The U.S. S&P 500 index (a benchmark index for U.S. large company stocks) and the NASDAQ index (technology index) […]
More...Economic Performance: 2017-2024
The U.S. economy has been the subject of much discussion with differing viewpoints. This report will hopefully shed light on U.S. economic performance by analyzing a broad range of economic variables over the period from January 2017 through March 2024. Changes in these variables, as well as the reasons why these variables changed, will be […]
More...CBEI Central Wisconsin Spring 2024 Report and a Quick Trip around the GLOBE
Thank you, Kyle and Congratulations, Michael! by Scott Wallace As the director of the Center for Business and Economic Insight (CBEI), I have been enormously fortunate to have worked with truly outstanding students. Our senior research assistant Kyle Pulvermacher (who is graduating next week) has made significant and lasting contributions to the Center for Business […]
More...Tariffs and Trade
Republican presidential candidate Donald Trump has indicated that he would place a 10% tariff on all products imported into the United States if elected president, with potential tariffs of up to 60% on goods imported from China. This blog will discuss recent tariffs, trade, and the potential impact of a 10% (at least) blanket tariff […]
More...Job Growth
In January, the Bureau of Economic Analysis released its preliminary estimate for fourth quarter 2023 economic growth in the United States. Economic growth is measured by changes in Gross Domestic Product, which is the value of goods and services produced in a given time period. Although rising interest rates slowed the economy in the first […]
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