“Under Governor Doyle’s leadership,
Employment in the state grew 0.7% in 2006, with a growth of 0.5% expected in 2007. Some of those gains were in the manufacturing sector, which grew by 2,260 jobs in the past three years. In that same period, the trend in national manufacturing employment declined with a loss of 114,670 jobs.
Revenue collections in the first quarter of Fiscal Year 2008 are on target with estimates, increasing 3.3% over last year to $3.5 billion. Sales tax collections through October 2007 increased 4.2% over the same period last fiscal year. After nearly a year of weak sales tax revenues, this increase is a welcome sign of stronger growth in sales.
The full Wisconsin Economic Outlook report is available at: http://www.revenue.wi.gov/ra/0711/0711okma.html