New North: Regional Economy
Regional Comparison
Region | Population (2024) | Labor Force (Jun 2024) | Jobs (2023) | Cost of Living | GRP | Imports | Exports |
|---|---|---|---|---|---|---|---|
| New North Region | 1,298,943 | 687,146 | 675,940 | 100.1 | $86.0B | $101.4B | $101.7B |
| Wisconsin | 5,940,347 | 3,177,251 | 3,241,311 | 100.2 | $416.9B | $383.1B | $414.7B |
Industry Characteristics
Industry | 2024 Jobs | 2024 Average Earnings Per Worker | 2024 LQ (Industry Concentration) | 2019-2024 % Change in Jobs | 2024 GRP |
|---|---|---|---|---|---|
| Manufacturing | 142,904 | $85,414 | 2.87 | -2.22% | 20198.25M |
| Health Care and Social Assistance | 85,954 | $73,217 | 0.94 | 2.65% | 7144.38M |
| Retail Trade | 81,955 | $36,807 | 1.15 | 3.92% | 5833.02M |
| Government | 78,445 | $74,204 | 0.86 | -1.51% | 6432.09M |
| Accommodation and Food Services | 55,640 | $24,244 | 0.99 | 0.4% | 2064.74M |
| Construction | 47,855 | $82,700 | 1.06 | 8.5% | 5056.44M |
| Finance and Insurance | 40,800 | $84,073 | 0.8 | 4.6% | 6534.23M |
| Other Services (except Public Administration) | 40,061 | $35,457 | 0.89 | 0.35% | 1601.55M |
| Transportation and Warehousing | 34,230 | $54,432 | 0.76 | 17.91% | 2435.74M |
| Real Estate and Rental and Leasing | 33,943 | $52,730 | 0.72 | 36.73% | 2517.98M |
| Administrative and Support and Waste Management and Remediation Services | 31,176 | $46,364 | 0.66 | -2.24% | 2006.78M |
| Professional, Scientific, and Technical Services | 31,006 | $72,238 | 0.52 | 6.21% | 3152.77M |
| Agriculture, Forestry, Fishing and Hunting | 26,670 | $44,797 | 2 | 4.81% | 2116.39M |
| Wholesale Trade | 25,394 | $84,709 | 1 | 5.37% | 5133.4M |
| Arts, Entertainment, and Recreation | 15,417 | $47,311 | 0.89 | 2.45% | 935.94M |
| Management of Companies and Enterprises | 14,800 | $130,889 | 1.32 | 11.28% | 2215.15M |
| Educational Services | 11,003 | $29,250 | 0.57 | 0.66% | 369.26M |
| Information | 7,991 | $66,010 | 0.56 | 6.05% | 1646.71M |
| Utilities | 1,813 | $173,214 | 0.78 | -8.13% | 1287M |
| Mining, Quarrying, and Oil and Gas Extraction | 1,531 | $74,578 | 0.39 | 28.75% | 300.04M |
Occupation Concentration
Profession | 2024 Jobs | 2023 Median Salary | 2023 Average Hourly Wage | 2024 LQ (Occupation Concentration) | 2019-2024 % Change in Jobs |
|---|---|---|---|---|---|
| Production | 94,031 | $46,757 | $23.41 | 2.62 | -7.01% |
| Sales and Related | 92,422 | $38,152 | $32.44 | 0.98 | 5.53% |
| Office and Administrative Support | 83,033 | $42,446 | $21.93 | 0.99 | -1.03% |
| Transportation and Material Moving | 67,554 | $41,271 | $22.25 | 1.03 | 7.06% |
| Management | 62,248 | $80,771 | $48.82 | 0.84 | 21.37% |
| Food Preparation and Serving Related | 54,958 | $28,494 | $14.63 | 1.06 | 1.15% |
| Business and Financial Operations | 48,486 | $71,364 | $46.83 | 0.75 | 26.32% |
| Healthcare Practitioners and Technical | 37,575 | $77,924 | $49.68 | 0.94 | 5.48% |
| Construction and Extraction | 37,386 | $57,774 | $30.81 | 1.07 | -0.63% |
| Educational Instruction and Library | 36,627 | $52,242 | $27.82 | 0.95 | -2.12% |
| Installation, Maintenance, and Repair | 32,723 | $53,796 | $27.29 | 1.14 | 3.28% |
| Healthcare Support | 27,874 | $36,048 | $18.47 | 0.86 | 0.84% |
| Building and Grounds Cleaning and Maintenance | 22,984 | $33,865 | $18.9 | 0.84 | 3.05% |
| Personal Care and Service | 22,409 | $31,858 | $21.05 | 0.82 | -3.96% |
| Arts, Design, Entertainment, Sports, and Media | 18,575 | $43,466 | $30.32 | 0.74 | 6.68% |
| Computer and Mathematical | 13,453 | $80,162 | $41.98 | 0.61 | 1.93% |
| Architecture and Engineering | 13,307 | $78,622 | $40.95 | 1.21 | -3.35% |
| Community and Social Service | 11,763 | $53,605 | $26.93 | 0.94 | 6.15% |
| Protective Service | 11,680 | $51,377 | $26.41 | 0.82 | 2.4% |
| Farming, Fishing, and Forestry | 9,103 | $31,033 | $19.36 | 1.74 | -0.13% |
| Life, Physical, and Social Science | 5,020 | $68,444 | $39.84 | 0.67 | 2.02% |
| Legal | 2,794 | $71,265 | $52.6 | 0.44 | 3.48% |
| Military-only | 1,524 | $61,603 | $32.8 | 0.44 | -8.53% |
Business Size Distribution
Business Size | Percentage | Business Count |
|---|---|---|
| 1 to 4 employees | 30.4% | 12,013 |
| 5 to 9 employees | 28.5% | 11,257 |
| 10 to 19 employees | 22.8% | 9,004 |
| 20 to 49 employees | 13.3% | 5,247 |
| 50 to 99 employees | 3.1% | 1,231 |
| 100 to 249 employees | 1.4% | 569 |
| 250 to 499 employees | 0.4% | 151 |
| 500+ employees | 0.2% | 94 |
Job Postings by Industry
Industry Sector (2-Digit) | Latest 30 Days Unique Postings | Latest 30 Days Unique Postings % Change |
|---|---|---|
| Health Care and Social Assistance | 5,316 | 8.5% |
| Administrative and Support and Waste Management and Remediation Services | 4,242 | 10.9% |
| Manufacturing | 4,104 | 11.6% |
| Retail Trade | 3,449 | 3% |
| Wholesale Trade | 1,648 | 2.8% |
| Accommodation and Food Services | 1,463 | 4.8% |
| Professional, Scientific, and Technical Services | 1,409 | 8.7% |
| Finance and Insurance | 1,160 | 11.2% |
| Construction | 1,129 | 15.1% |
| Transportation and Warehousing | 1,014 | -10.8% |
| Educational Services | 678 | 5.5% |
| Other Services (except Public Administration) | 645 | 5.6% |
| Real Estate and Rental and Leasing | 433 | 14.5% |
| Information | 342 | 22.2% |
| Arts, Entertainment, and Recreation | 213 | 6.1% |
| Public Administration | 196 | 4.6% |
| Agriculture, Forestry, Fishing and Hunting | 178 | 21.3% |
| Utilities | 169 | 48.5% |
| Management of Companies and Enterprises | 115 | 23.5% |
| Mining, Quarrying, and Oil and Gas Extraction | 54 | 20.4% |