MADISON, Wis. (AP) — The state has issued a guidebook to assist with economic recovery following a disaster. The free Community Economic Recovery Guidebook was released by the Wisconsin Economic Development Corp. It’s directed at economic development organizations, businesses and community leaders. According to the WEDC, steps taken by local civic leaders immediately following a [...]
By Caley Clinton An extension to a federal tax benefit for equipment purchases could kill the market urgency the measure was designed to create. The bonus depreciation law, which was in effect during the 2008 and 2009 tax years and could be reinstated for 2010, lets companies write off equipment purchases more quickly to encourage [...]
By JULIE PACE Associated Press Writer WASHINGTON (AP) — A day after consumer concerns about the economy sent stocks sliding, President Barack Obama is trying to assure the American people that the economic recovery is headed in the right direction. Obama is visiting Wisconsin on Wednesday to speak about the economy in Racine before taking [...]
MADISON, Wis. (AP) — There are signs of an economic recovery in Wisconsin, according to a new state Revenue Department report. The quarterly report released Thursday shows that the state started adding jobs in January, and by the end of the year it’s expected to add more than 20,000. Despite the growth, the report projects [...]
Published: February 15, 2010
Tags: assembling products, Dawson Careers, DoubleStar Inc., jobs, manufacturing-related jobs, Moody's Economy.com, packing merchandise, permanent workers, recovery, temporary workers, Wells Fargo
By Jeannine Aversa AP Economics Writer Washington — It’s not the signal it used to be. When employers hire temporary staff after a recession, it’s long been seen as a sign they’ll soon hire permanent workers. Not these days. Companies have hired more temps for four straight months. Yet the companies remain reluctant to make [...]
By Burl Gilyard Dolan Media Newswires Minneapolis — There’s an abiding belief that a new year means new hope and better times. The general hope is that a new calendar translates into a better business climate. Indeed, there seem to be ripples of optimism out there in local commercial real estate circles. Sure, brokers will [...]
Published: January 22, 2010
Tags: Burlington Northern Santa Fe Corp., coal, Construction, CSX Corp., demand, economy, industry, products, railroad, recession, recovery, shipments, shipping, transport, Union Pacific Corp.
By Josh Funk AP Business Writer Omaha, Neb. — The nation’s railroad operators expect a tepid recovery for the U.S. economy in 2010, as both businesses and consumers continue to wrestle with the effects of the recession. The severe economic slump cut shipping demand for the railroads because American consumers and industries have been buying [...]
Published: January 21, 2010
Tags: Acme Brick, Berkshire-Hathaway Inc., Burlington Northern Santa Fe Corp., Coca-Cola Co., economic crisis, Goldman Sachs, recovery, Shaw Carpet, Warren Buffett, Wells Fargo & Co.
By Josh Funk AP Business Writer Omaha, Neb. — Billionaire investor Warren Buffett said he’s still not sure when the economy will recover, but he expects the rebound to be slow because American consumers remain uneasy. The Chairman and CEO of Berkshire Hathaway Inc. said before the economy will recover, Americans will have to feel [...]
By Paul Snyder A victim of the 2008 floods in southern Wisconsin, Steve Mickelson says the state’s proposed policy allowing anyone in the damaged region to apply for federal disaster-recovery bonds is wrong. “They should prioritize it for those that were directly affected,” said Mickelson, the owner of Mickelson’s Market in Gays Mills. The flood [...]
By CHRISTOPHER S. RUGABER AP Economics Writer WASHINGTON (AP) — A government report Thursday on claims for unemployment aid signaled that layoffs are easing and that the economy could be on the verge of posting the first monthly gain in jobs in two years. The number of people claiming unemployment benefits for the first time [...]