Boots & Sabers

The blogging will continue until morale improves...

Owen

Everything but tech support.
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0752, 29 Mar 21

Wisconsin’s GDP Dropped 4.5% in 2020

Ouch. But sure, let’s raise taxes.

No states saw their real gross domestic product increase in 2020, but with a 4.5% drop, Wisconsin ranked 37th in the country for GDP growth in the past year, according to data released Friday by the U.S. Bureau of Economic Analysis. 

 

The decline is the largest single-year drop in the state’s GDP in data going back to 1963. In 2008, Wisconsin’s GDP declined 1.3% and dropped another 2.8% in 2009. Measured in dollars, 2020’s decline sets the state economy back to about its 2017 level.

 

Wisconsin also had some of the slowest person income growth in the country, according additional data released earlier this week by the BEA.

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0752, 29 March 2021

4 Comments

  1. Kevin Scheunemann

    Thats what liberals do…heap burden on top of misery.

    Awful. Just awful.

    Nord cheers.

  2. dad29

    Egads!! Even worse than Obozo and Doyle!

  3. steveegg

    Ev…er…Gau is following in the footsteps of the last Governor Tony E.

    Just as predicted.

  4. Mar

    Having looked at the map, I really find it hard to believe.
    California only lost 2.8% GDP with their entire state on lockdown or modified lockdown? Highly unlikely.

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