Economic Indicators Update for the Seven Rivers Region

1. Economic Indicators:
An Update for the 7 Rivers Region

2. Optimism:
I'm delighted to report that over the break we
learned that our campus has produced so
many graduates currently working as Peace
Corps volunteers that we are among the Top
25 medium-sized schools in the nation.
-Joe Gow
he Economist:
Oh no. They couldn’t find
jobs.

3. Unemployment claims over last 6
months
178,869
64,327
Wisconsi
123,211
n
Minnesota 38,450

4. Postwar Recessions (1946-2008)
0
1957
Cumulative Decline in Employment from Peak
-1
1948
2007
-2 1953
-3
-4
-5
-6
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19
Months from Peak Employment

5. Postwar Recessions (1946-2008)
0
Cumulative Decline in Employment from Peak
-1
1990
2001
-2
-3
2007
-4
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19
Months From Peak Employment

6. Recession…
It’s no longer the banks

7. TED Spread
4.0
3.0
2.0
1.0
-
Jan-94 Jan-96 Jan-98 Jan-00 Jan-02 Jan-04 Jan-06 Jan-08

8. Wealth
Consumption

9. Equity Indices
180.0
160.0
140.0
120.0 7 Rivers
100.0
80.0
DJIA
60.0
S&P 500
40.0
20.0
0.0
Dec-99 Jun-01 Jan-03 Jul-04 Jan-06 Jul-07 Jan-09

10. Index of Home Prices
240.0
220.0
Phoenix
200.0
180.0
Minneapolis
160.0
140.0
7 Rivers Region
120.0
100.0
80.0
Jan-98 Jan-00 Jan-02 Jan-04 Jan-06 Jan-08

12. Falling Confidence
Falling Consumption

13. Consumer Expectations Index
110
100
90
80
70
60
7 Rivers
50 National
40
April 2002 April 2003 April 2004 March 2006 April 2007*** August February
2008*** 2009***

14. In Recessions…
Preferences Change

15. TIME
Vs.
MONEY

16. In Recessions…
People Get Healthier

17. In Recessions…
Preferences Change – Temporarily

18. ars accumulate at the ports

19. U.S. Vehicle Sales
18.0
16.0
14.0
12.0
Millions of Vehicles
10.0
Imports
8.0
6.0
Domestic
4.0
2.0
0.0
Feb. '08 Jun. '08 Oct. '08 Feb. '09

20. In Recessions…
Preferences Change – Permanently.

24. The Lost Decade

25. In Recessions…
There are opportunities.

26. Total U.S. Light Vehicle Retail Sales (SAAR, Mil. Units)
100%
90%
Imports
80%
70%
60%
50%
40%
Domestic
30%
20%
10%
0%
Feb. '08 Jun. '08 Oct. '08 Feb. '09

27. Gasoline Prices (C/gal)
450.0
400.0
350.0
300.0
250.0
200.0
150.0
100.0
50.0
0.0
Jan-95 Jan-97 Jan-99 Jan-01 Jan-03 Jan-05 Jan-07 Jan-09

28. The Stimulus…
Obama’s Wager

30. Nick Lichter
Executive Director of Organic Logistics at
Organic Valley.

32. Jeneen Ablan
Marketing Director at Shared Health Services.

33. Adam Etrheim
Founder of eContractorBids.com.

34. Economic Indicators:
An Update for the 7 Rivers Region