April 2009 Final

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Economic Indicators Update for the Seven Rivers Region

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Economic Indicators:

An Update for the 7 Rivers Region

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

The Economist:

Oh no. They couldn’t find

jobs.

Unemployment claims over last 6

months

178,869

64,327Wisconsi

n

Minnesota 38,450

123,211

-6

-5

-4

-3

-2

-1

0

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19

Cu

mu

lative

De

clin

e in

Em

plo

ym

en

t fr

om

Pe

ak

Months from Peak Employment

Postwar Recessions (1946-2008)

1957

1948

1953

2007

-4

-3

-2

-1

0

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19

Cu

mu

lative

De

clin

e in

Em

plo

ym

en

t fr

om

Pe

ak

Months From Peak Employment

Postwar Recessions (1946-2008)

1990

2001

2007

Recession…

It’s no longer the banks

-

1.0

2.0

3.0

4.0

Jan-94 Jan-96 Jan-98 Jan-00 Jan-02 Jan-04 Jan-06 Jan-08

TED Spread

Wealth

Consumption

0.0

20.0

40.0

60.0

80.0

100.0

120.0

140.0

160.0

180.0

Dec-99 Jun-01 Jan-03 Jul-04 Jan-06 Jul-07 Jan-09

Equity Indices

DJIA

S&P 500

7 Rivers

80.0

100.0

120.0

140.0

160.0

180.0

200.0

220.0

240.0

Jan-98 Jan-00 Jan-02 Jan-04 Jan-06 Jan-08

Index of Home Prices

Phoenix

Minneapolis

7 Rivers Region

Falling Confidence

Falling Consumption

40

50

60

70

80

90

100

110

April 2002 April 2003 April 2004 March 2006 April 2007*** August 2008***

February 2009***

Consumer Expectations Index

National

7 Rivers

In Recessions…

Preferences Change

TIME

MONEY

Vs.

In Recessions…

People Get Healthier

In Recessions…

Preferences Change – Temporarily

Cars accumulate at the ports

0.0

2.0

4.0

6.0

8.0

10.0

12.0

14.0

16.0

18.0

Feb. '08 Jun. '08 Oct. '08 Feb. '09

Mill

ion

s o

f V

eh

icle

sU.S. Vehicle Sales

Domestic

Imports

In Recessions…

Preferences Change – Permanently.

The Lost Decade

In Recessions…

There are opportunities.

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Feb. '08 Jun. '08 Oct. '08 Feb. '09

Total U.S. Light Vehicle Retail Sales (SAAR, Mil. Units)

Domestic

Imports

0.0

50.0

100.0

150.0

200.0

250.0

300.0

350.0

400.0

450.0

Jan-95 Jan-97 Jan-99 Jan-01 Jan-03 Jan-05 Jan-07 Jan-09

Gasoline Prices (C/gal)

The Stimulus…

Obama’s Wager

Nick Lichter

Executive Director of Organic Logistics at

Organic Valley.

Jeneen Ablan

Marketing Director at Shared Health Services.

Adam Etrheim

Founder of eContractorBids.com.

Economic Indicators:

An Update for the 7 Rivers Region

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