Economic Indicators:

An Update for the 7 Rivers Region

Data Roulette

Air Travel Data

Jan 1996Apr 1998 Jul 2000Oct 2002Jan 2005Apr 2007 Jul 2009Oct 2011Jan 20140

10,000

20,000

30,000

40,000

50,000

60,000

70,000

Domestic Revenue Passenger Enplanements (000s)

200220032004200520052006200720082008200920102011201120122013201460

65

70

75

80

85

90

Load Factor:Passenger Miles as % of Seat Miles

Jan-92 Jan-94 Jan-96 Jan-98 Jan-00 Jan-02 Jan-04 Jan-06 Jan-08 Jan-10 Jan-12 Jan-14100,000

110,000

120,000

130,000

140,000

150,000

160,000

170,000

180,000

190,000

200,000f(x) = 10.9036418774864 x − 246185.067740471

Real Retail and Food Services Sales

Millions of Seasonally Adjusted Dollars

Jan-02 Jan-04 Jan-06 Jan-08 Jan-10 Jan-12 Jan-14$500,000

$600,000

$700,000

$800,000

$900,000

$1,000,000

$1,100,000

$1,200,000

$1,300,000 La Crosse County Sales Tax Rebate

SOLD

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

-

100.0

200.0

300.0

400.0

500.0

600.0

700.0

800.0

900.0

1,000.0

Total Number of Foreclosures Filed in: Jackson, Juneau,

La Crosse, Monroe, Trempealeau, Vernon Counties

2006 2007 2008 2009 2010 2011 2012 20130

20

40

60

80

100

120

140

160 Foreclosures: Sheriff Sales in Winona and Houston Counties

More Likely

Less Likely

No difference

No opnion

0 10 20 30 40 50 60 70 80 90 100

If a candidate for US congress sup-ports increasing the minimum wage,

would that make you to vote for them...

7 Rivers

National

Classic Effects of a Price Floor

60 8 9 10 12 14

$10.00

9.00

8.00

7.00

6.00

Supply

EBA

Surplus Labor

Price floor

Quantity of Labor

Hourly Wage

Demand

1938

1939

1940

1941

1942

1943

1944

1945

1946

1947

1948

1949

1950

1951

1952

1953

1954

1955

1956

1957

1958

1959

1960

1961

1962

1963

1964

1965

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

1977

1978

1979

1980

1981

1982

1983

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

-

$ 2.00

$ 4.00

$ 6.00

$ 8.00

$ 10.00

$ 12.00

Minimum Wage History:Adjusted for Inflation in 2013 Dol-

lars

$10.10

$7.25

1979

1981

1983

1985

1987

1989

1991

1993

1995

1997

1999

2001

2003

2005

2007

2009

2011

0.0%

2.5%

5.0%

7.5%

10.0%

Percentage of Wage and Salary Workers At or Below Federal Minimum

Wage

Food Preparation and Serving RelatedPersonal Care and Service

Sales and RelatedBuilding and Grounds Cleaning and Maintenance

Farming, Fishing, and ForestryArts, Design, Entertainment, Sports, and Media

Transportation and Material MovingProtective Service

Office and Administrative SupportProduction

Healthcare SupportInstallation, Maintenance, and Repair

Community and Social ServiceEducation, Training, and Library

Life, Physical, and Social ScienceConstruction and Extraction

Business and Financial OperationsLegal

ManagementHealthcare Practitioners and Technical

Computer and MathematicalArchitecture and Engineering

All Occupations

$0.00 $5.00 $10.00 $15.00 $20.00

Occupational Hourly Wage of 10th Pct, La Crosse MSA

Percentage of Workers at or below $10.10 per hour?

24%

Food Preparation and Serving Related

Building and Grounds Cleaning and Maintenance

Healthcare Support

Production

Arts, Design, Entertainment, Sports, and Media

Protective Service

Community and Social Service

Education, Training, and Library

Business and Financial Operations

Architecture and Engineering

Computer and Mathematical

Management

$0.00 $10.00$20.00$30.00$40.00$50.00$60.00$70.00

H_PCT10 H_PCT25 H_MEDIAN H_PCT75 H_PCT90

$9.50

“

”

Its not the sharpest anti-poverty tool we have…

“

”

The market has many ways of muting the impact of gov’t policy…

Marianne O’Brien MarkowitzRegional Administrator for SBA’s Midwest Region

“

”

What initiatives are underway to make SBA lending more efficient and accessible?

“

”

What assistance can SBA provide to very small/micro-businesses and startup businesses?

“

”

Specifically what resources can the SBDC and other SBA-affiliated organizations provide locally?

“

”

Can area businesses access Federal contracts? If so, how?