The head economist for the state Department of Revenue says exports have recovered “really well” as Wisconsin’s economy rebounds from the COVID-19 pandemic.
As of July, the 12-month total for exports is 19 percent higher than in July 2021, according to DOR Chief Economist John Koskinen. He gave an update on state economic activity yesterday during a webinar hosted by state officials.
“Our ability to compete and export has improved substantially,” he said. “Another factor has been as the supply chain issues have stuck around, there’s been an emphasis on sort of bringing the supply chain closer to domestic production, so that you’re seeing stronger efforts on re-shoring.”