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?
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