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Economic Indicators: 
An Update for the 7 Rivers Region
Data Roulette
Air Travel Data
70,000 
60,000 
50,000 
40,000 
30,000 
20,000 
10,000 
0 
Domestic Revenue Passenger 
Enplanements (000s) 
Jan 1996 Jan 1999 Jan 2002 Jan 2005 Jan 2008 Jan 2011 Jan 2014
90 
85 
80 
75 
70 
65 
60 
Load Factor: 
Passenger Miles as % of Seat Miles 
2002 2004 2006 2008 2010 2012
Real Retail and Food Services Sales 
Millions of Seasonally Adjusted 
y = 10.904x - 246185 
220,000 
200,000 
180,000 
160,000 
140,000 
120,000 
100,000 
Dollars 
Jan-92Jan-94Jan-96Jan-98Jan-00Jan-02Jan-04Jan-06Jan-08Jan-10Jan-12Jan-14
$1,300,000 
$1,200,000 
$1,100,000 
$1,000,000 
$900,000 
$800,000 
$700,000 
$600,000 
$500,000 
La Crosse County Sales Tax Rebate 
Jan-02 Jan-04 Jan-06 Jan-08 Jan-10 Jan-12 Jan-14
1,000.0 
900.0 
800.0 
700.0 
600.0 
500.0 
400.0 
300.0 
200.0 
100.0 
- 
Total Number of Foreclosures Filed in: Jackson, Juneau, 
La Crosse, Monroe, Trempealeau, Vernon Counties 
1998 2002 2006 2010 2014
160 
140 
120 
100 
80 
60 
40 
20 
0 
Foreclosures: Sheriff Sales in 
Winona and Houston Counties 
2006 2007 2008 2009 2010 2011 2012 2013
0 20 40 60 80 100 
More Likely 
Less Likely 
No difference 
No opnion 
7 Rivers 
National 
If a candidate for US congress supports 
increasing the minimum wage, would that 
make you to vote for them...
Classic Effects of a Price Floor 
$10.00 
9.00 
8.00 
7.00 
6.00 
Supply 
Surplus Labor 
A B 
E 
0 6 8 9 10 12 14 
Price floor 
Quantity of Labor 
Hourly Wage 
Demand
$ 12.00 
$ 10.00 
$ 8.00 
$ 6.00 
$ 4.00 
$ 2.00 
- 
Minimum Wage History: 
Adjusted for Inflation in 2013 Dollars 
1938 1948 1958 1968 1978 1988 1998 2008 
$10.10 
$7.25
10.0% 
7.5% 
5.0% 
2.5% 
0.0% 
Percentage of Wage and Salary 
Workers At or Below Federal Minimum 
Wage 
1979 1984 1989 1994 1999 2004 2009
Occupational Hourly Wage of 10th Pct, La 
Crosse MSA 
All Occupations 
Architecture and Engineering 
Computer and Mathematical 
Healthcare Practitioners and Technical 
Management 
Legal 
Business and Financial Operations 
Construction and Extraction 
Life, Physical, and Social Science 
Education, Training, and Library 
Community and Social Service 
Installation, Maintenance, and Repair 
Healthcare Support 
Production 
Office and Administrative Support 
Protective Service 
Transportation and Material Moving 
Arts, Design, Entertainment, Sports, and… 
Farming, Fishing, and Forestry 
Building and Grounds Cleaning and… 
Sales and Related 
Personal Care and Service 
Food Preparation and Serving Related 
$0.00 $5.00 $10.00 $15.00 $20.00
Percentage of Workers at 
or below $10.10 per hour? 
24%
H_PCT10 H_PCT25 H_MEDIAN H_PCT75 H_PCT90 
Management 
Legal 
Computer and Mathematical 
Healthcare Practitioners and Technical 
Architecture and Engineering 
Life, Physical, and Social Science 
Business and Financial Operations 
Construction and Extraction 
Education, Training, and Library 
All Occupations 
Community and Social Service 
Sales and Related 
Protective Service 
Installation, Maintenance, and Repair 
Arts, Design, Entertainment, Sports, and Media 
Transportation and Material Moving 
Production 
Office and Administrative Support 
Healthcare Support 
Farming, Fishing, and Forestry 
Building and Grounds Cleaning and… 
Personal Care and Service 
Food Preparation and Serving Related 
$0.00 $10.00$20.00$30.00$40.00$50.00$60.00$70.00
“ 
” 
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 Markowitz 
Regional 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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September 2014 Economic Indicators

  • 1. Economic Indicators: An Update for the 7 Rivers Region
  • 4. 70,000 60,000 50,000 40,000 30,000 20,000 10,000 0 Domestic Revenue Passenger Enplanements (000s) Jan 1996 Jan 1999 Jan 2002 Jan 2005 Jan 2008 Jan 2011 Jan 2014
  • 5. 90 85 80 75 70 65 60 Load Factor: Passenger Miles as % of Seat Miles 2002 2004 2006 2008 2010 2012
  • 6.
  • 7.
  • 8. Real Retail and Food Services Sales Millions of Seasonally Adjusted y = 10.904x - 246185 220,000 200,000 180,000 160,000 140,000 120,000 100,000 Dollars Jan-92Jan-94Jan-96Jan-98Jan-00Jan-02Jan-04Jan-06Jan-08Jan-10Jan-12Jan-14
  • 9. $1,300,000 $1,200,000 $1,100,000 $1,000,000 $900,000 $800,000 $700,000 $600,000 $500,000 La Crosse County Sales Tax Rebate Jan-02 Jan-04 Jan-06 Jan-08 Jan-10 Jan-12 Jan-14
  • 10.
  • 11.
  • 12. 1,000.0 900.0 800.0 700.0 600.0 500.0 400.0 300.0 200.0 100.0 - Total Number of Foreclosures Filed in: Jackson, Juneau, La Crosse, Monroe, Trempealeau, Vernon Counties 1998 2002 2006 2010 2014
  • 13. 160 140 120 100 80 60 40 20 0 Foreclosures: Sheriff Sales in Winona and Houston Counties 2006 2007 2008 2009 2010 2011 2012 2013
  • 14.
  • 15. 0 20 40 60 80 100 More Likely Less Likely No difference No opnion 7 Rivers National If a candidate for US congress supports increasing the minimum wage, would that make you to vote for them...
  • 16.
  • 17. Classic Effects of a Price Floor $10.00 9.00 8.00 7.00 6.00 Supply Surplus Labor A B E 0 6 8 9 10 12 14 Price floor Quantity of Labor Hourly Wage Demand
  • 18. $ 12.00 $ 10.00 $ 8.00 $ 6.00 $ 4.00 $ 2.00 - Minimum Wage History: Adjusted for Inflation in 2013 Dollars 1938 1948 1958 1968 1978 1988 1998 2008 $10.10 $7.25
  • 19.
  • 20. 10.0% 7.5% 5.0% 2.5% 0.0% Percentage of Wage and Salary Workers At or Below Federal Minimum Wage 1979 1984 1989 1994 1999 2004 2009
  • 21. Occupational Hourly Wage of 10th Pct, La Crosse MSA All Occupations Architecture and Engineering Computer and Mathematical Healthcare Practitioners and Technical Management Legal Business and Financial Operations Construction and Extraction Life, Physical, and Social Science Education, Training, and Library Community and Social Service Installation, Maintenance, and Repair Healthcare Support Production Office and Administrative Support Protective Service Transportation and Material Moving Arts, Design, Entertainment, Sports, and… Farming, Fishing, and Forestry Building and Grounds Cleaning and… Sales and Related Personal Care and Service Food Preparation and Serving Related $0.00 $5.00 $10.00 $15.00 $20.00
  • 22. Percentage of Workers at or below $10.10 per hour? 24%
  • 23. H_PCT10 H_PCT25 H_MEDIAN H_PCT75 H_PCT90 Management Legal Computer and Mathematical Healthcare Practitioners and Technical Architecture and Engineering Life, Physical, and Social Science Business and Financial Operations Construction and Extraction Education, Training, and Library All Occupations Community and Social Service Sales and Related Protective Service Installation, Maintenance, and Repair Arts, Design, Entertainment, Sports, and Media Transportation and Material Moving Production Office and Administrative Support Healthcare Support Farming, Fishing, and Forestry Building and Grounds Cleaning and… Personal Care and Service Food Preparation and Serving Related $0.00 $10.00$20.00$30.00$40.00$50.00$60.00$70.00
  • 24.
  • 25.
  • 26.
  • 27.
  • 28. “ ” Its not the sharpest anti-poverty tool we have…
  • 29. “ ” The market has many ways of muting the impact of gov’t policy…
  • 30. Marianne O’Brien Markowitz Regional Administrator for SBA’s Midwest Region
  • 31. “ What initiatives are underway to make SBA lending more efficient and accessible? ”
  • 32. “ What assistance can SBA provide to very small/micro-businesses and startup businesses? ”
  • 33. “ ” Specifically what resources can the SBDC and other SBA-affiliated organizations provide locally?
  • 34. “ ” Can area businesses access Federal contracts? If so, how?