Whether Wisconsin’s startup economy is getting better or worse depends on who’s measuring and how. According to grades from the startup-centric Kauffman Foundation, things are in decline.

The Wisconsin Portfolio, released last week, uses a combination of survey findings and other data sources to assess early-stage investment in the state. The assessment for 2016: Things are trending positively, both in terms of the total investment dollars Wisconsin companies received and the number of deals. According to the portfolio, the positive trend goes back to 2011, something that would not be captured in the Kauffman Foundation’s index, which excludes investment data. Read the full story here.