In the middle of the year, the chief executive officers of Wisconsin banks were split on the outlook for the state’s economy. Almost half, 48%, expected growth in the second half of the year while 39% expected the economy to weaken.
Fast forward six months and there is more consensus among Wisconsin bank CEOs with 64% expecting the state’s economy to stay the same over the next six months, according to the latest survey from the Wisconsin Bankers Association. Another 21% expect the economy to grow while 15% expect it to weaken.
“As industries rebound — including tourism, manufacturing, construction, and agriculture — economic stability is taking hold,” said Rose Oswald Poels, president and CEO of the WBA.
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