Most of the economic indicators tracked by the Metropolitan Milwaukee Association of Commerce improved in September, according to the MMAC’s latest economic trends report.
In September, 13 of the 22 economic indicators improved over year-ago levels, the report said. That’s an improvement from August when 12 of the economic indicators tracked by MMAC showed year-over-year improvement.
“The overall trend in local economic activity is a bit mixed of late. There certainly are negative factors in the economic environment – high consumer price inflation and rising interest rates – but to this point they have not had a strong negative effect on local job markets,” said Bret Mayborne, the MMAC’s vice president of economic research.