Recession Effect on Local Sectors

Although the Madison area has fared better than the state and the nation, the local economy has suffered.

Dane County Post-Recession Growth

While the Madison area is certainly not immune to economic downturns, it have recovered from past downturns more quickly than Wisconsin and the nation as a whole.

Recession Recovery Can Be Long

Since 1945, the U.S. has experienced 10 recessions, which have lasted from six to 16 months. Subsequent expansions ranged from 12 to 120 months.

Determining Exchange Rates

Factors of the exchange rates include the relative strength of the economies of each country, the balance of trade between them, and the relative interest rates and rates of inflation in each country.

Industries that are Gaining/Losing Jobs

By calculating the percent change in the number of jobs between 1995 and 2005, we can determine which industries are gaining or losing jobs in Dane County.

Key Industries for Dane County

Through Shift-Share, we can determine that Dane County’s economy is fueled by growth in these sectors.

Impact of National Trends

Shift share analysis provides a mechanism to allocate growth or decline in local emplyment to three factors: the national economy, the local economy and specific local industries.