A state economist thinks the Northwoods economy will continue to improve. Ken Krall spoke with Department of Workforce Development economist Scott Hodek about the forecast for the next few months.
A report last Friday by BMO Economics held much the same forecast as Hodek. According to the report published by BizTimes.com, real gross domestic product in Wisconsin will increase 2.3 percent in 2014 and rise 2.6 percent in 2015. This is up more than a full percentage point from the 1.2 percent growth rate in 2013, bolstered by firming factory activity and modest export growth.
