In 2010 Wisconsin’s gross state product was $248.3 billion, making it 21st among U.S. states. The economy of Wisconsin is driven by manufacturing, agriculture, and health care. The state's economic output from manufacturing was $48.9 billion in 2008, making it the tenth largest among states in manufacturing gross domestic product. Manufacturing accounts for about 20% of the state's gross domestic product, a proportion that is third among all states. The per capita personal income was $35,239 in 2008.
As of June 2010, the state's unemployment rate was 7.9% (seasonally adjusted)
In quarter four of 2011, the largest employers in Wisconsin were:
- University of Wisconsin–Madison;
- Milwaukee Public Schools;
- U.S. Postal Service;
- Wisconsin Department of Corrections;
- Marshfield Clinic;
- Wisconsin Department of Veterans Affairs;
- Target Corporation; and
- City of Milwaukee.
Read more about this topic: Wisconsin
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Famous quotes containing the word economy:
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (18121870)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we really experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (18441900)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (18971977)