{"id":11889,"date":"2022-05-13T10:39:19","date_gmt":"2022-05-13T15:39:19","guid":{"rendered":"http:\/\/blog.uwsp.edu\/cps\/?p=11889"},"modified":"2022-05-13T11:08:22","modified_gmt":"2022-05-13T16:08:22","slug":"cbei-central-wisconsin-spring-2022-economic-report","status":"publish","type":"post","link":"https:\/\/blog.uwsp.edu\/cps\/2022\/05\/13\/cbei-central-wisconsin-spring-2022-economic-report\/","title":{"rendered":"CBEI Central Wisconsin Spring 2022 Economic Report"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" loading=\"lazy\" width=\"1000\" height=\"486\" src=\"http:\/\/blog.uwsp.edu\/cps\/wp-content\/uploads\/sites\/2\/2022\/05\/cbei20220513.jpg\" alt=\"CBEI\" class=\"wp-image-11896\" srcset=\"https:\/\/blog.uwsp.edu\/cps\/wp-content\/uploads\/sites\/2\/2022\/05\/cbei20220513.jpg 1000w, https:\/\/blog.uwsp.edu\/cps\/wp-content\/uploads\/sites\/2\/2022\/05\/cbei20220513-300x146.jpg 300w, https:\/\/blog.uwsp.edu\/cps\/wp-content\/uploads\/sites\/2\/2022\/05\/cbei20220513-768x373.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><figcaption>Brianna Burke, Bo DeDeker, Alex Garcia<\/figcaption><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">Just Like Old Times<\/h3>\n\n\n\n<p><strong><em>by Scott Wallace, Ph.D.<br>Director and Editor, CBEI; Professor of Economics<br>UW-Stevens Point School of Business and Economics<\/em><\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.facebook.com\/uwspbusiness\/posts\/pfbid02ZE5LDjPUH2zaY55YPEDSabuXgq6Ny5f1tQYk4TE3v8qsiU6Unw4KxtKpR8F3TzRal\">Photo Album<\/a> | <a href=\"https:\/\/online.flippingbook.com\/view\/166953251\/\">Digital Report<\/a><\/p>\n\n\n\n<p>Recent times have been both interesting and challenging with the  spread of the Delta variant interrupting a return to normalcy that we  were all looking forward to. Now, the emergence of the Omicron variant  promises to keep things interesting as we head into the holiday season  and the new year.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignright is-resized\"><a href=\"https:\/\/online.flippingbook.com\/view\/166953251\/\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/blog.uwsp.edu\/cps\/wp-content\/uploads\/sites\/2\/2022\/05\/CBEI-2022-Q1-791x1024.jpg\" alt=\"Spring 2022 Report\" class=\"wp-image-11892\" width=\"198\" height=\"256\" srcset=\"https:\/\/blog.uwsp.edu\/cps\/wp-content\/uploads\/sites\/2\/2022\/05\/CBEI-2022-Q1-791x1024.jpg 791w, https:\/\/blog.uwsp.edu\/cps\/wp-content\/uploads\/sites\/2\/2022\/05\/CBEI-2022-Q1-232x300.jpg 232w, https:\/\/blog.uwsp.edu\/cps\/wp-content\/uploads\/sites\/2\/2022\/05\/CBEI-2022-Q1-768x994.jpg 768w, https:\/\/blog.uwsp.edu\/cps\/wp-content\/uploads\/sites\/2\/2022\/05\/CBEI-2022-Q1.jpg 1000w\" sizes=\"(max-width: 198px) 100vw, 198px\" \/><\/a><figcaption><a href=\"https:\/\/online.flippingbook.com\/view\/166953251\/\">Digital Report<\/a><\/figcaption><\/figure><\/div>\n\n\n\n<p>The <a href=\"http:\/\/www.uwsp.edu\/cbei\">Center for Business and Economic Insight<\/a> crew and our presenters are very excited to be back in front of a live audience for our May 13 breakfast meeting at SentryWorld Atrium. It\u2019s been a long time! Our last breakfast meeting was in December 2019, just three months before the unwelcome arrival of COVID-19!<\/p>\n\n\n\n<p>In <a href=\"https:\/\/online.flippingbook.com\/view\/166953251\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"The U.S. Economy: The Myths vs. The Realities (opens in a new tab)\">The U.S. Economy: The Myths vs. The Realities<\/a>, Chief Analyst Kevin Bahr provides much needed context in creating a more nuanced account of our current economic conditions. In doing so, he exposes the shortcomings of several popular myths about the economy. The macroeconomy is a constantly evolving web of extraordinarily complex relationships. Depictions that focus solely on one or two causal factors typically fall short in providing an accurate characterization of the economy.<\/p>\n\n\n\n<p>I am excited to announce the revival of our business confidence index in the Economic Indicators section of the report. The index is based on a survey of business executives in Marathon, Portage and Wood counties. We are grateful for the cooperation of the following Chamber of Commerce leaders for sharing the survey with their members: Brian Otten, marketing manager of the Greater Wausau Chamber of Commerce; Scott Larson, president of the Marshfield Chamber of Commerce; Angel Whitehead, president of the Heart of Wisconsin Chamber of Commerce; and Karen Myers, director of programs and events for the Portage County Business Council. Thanks also go out to Prof. Nik Butz, Emma Fisher and Jenny Resch for organizing and managing the survey process. <\/p>\n\n\n\n<p>Our special report, <a rel=\"noreferrer noopener\" aria-label=\"Sustainability: Our Pathway to Equality, Diversity, and Inclusion (opens in a new tab)\" href=\"https:\/\/online.flippingbook.com\/view\/166953251\/\" target=\"_blank\">Sustainability: Our Pathway to Equality, Diversity, and Inclusion<\/a> by Bo DeDeker (assistant professor of accounting), Brianna Burke (career development coordinator), and Alex Garcia (accounting major) addresses the critical importance of sustainability for both our planet and society and describes the important role that businesses, government, and universities can play in meeting sustainability goals.<\/p>\n\n\n\n<p>This issue\u2019s <a href=\"https:\/\/blog.uwsp.edu\/cps\/2022\/05\/13\/insight-spotlight-the-growing-trend-to-overcome-the-labor-shortage\/\">Insight Spotlight<\/a> column, The Growing Trend to Overcome the Labor Shortage, features Christopher Spranger, CEO of Spranger Business Solutions, describing how the adoption of Lean Six Sigma practices can help companies dramatically improve efficiencies in production and help relieve the current labor shortage problem.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Just Like Old Times by Scott Wallace, Ph.D.Director and Editor, CBEI; Professor of EconomicsUW-Stevens Point School of Business and Economics Photo Album | Digital Report Recent times have been both interesting and challenging with the spread of the Delta variant interrupting a return to normalcy that we were all looking forward to. Now, the emergence [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":11896,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,527,12],"tags":[124,532,305,343,344],"_links":{"self":[{"href":"https:\/\/blog.uwsp.edu\/cps\/wp-json\/wp\/v2\/posts\/11889"}],"collection":[{"href":"https:\/\/blog.uwsp.edu\/cps\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.uwsp.edu\/cps\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.uwsp.edu\/cps\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.uwsp.edu\/cps\/wp-json\/wp\/v2\/comments?post=11889"}],"version-history":[{"count":6,"href":"https:\/\/blog.uwsp.edu\/cps\/wp-json\/wp\/v2\/posts\/11889\/revisions"}],"predecessor-version":[{"id":12428,"href":"https:\/\/blog.uwsp.edu\/cps\/wp-json\/wp\/v2\/posts\/11889\/revisions\/12428"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.uwsp.edu\/cps\/wp-json\/wp\/v2\/media\/11896"}],"wp:attachment":[{"href":"https:\/\/blog.uwsp.edu\/cps\/wp-json\/wp\/v2\/media?parent=11889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.uwsp.edu\/cps\/wp-json\/wp\/v2\/categories?post=11889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.uwsp.edu\/cps\/wp-json\/wp\/v2\/tags?post=11889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}