Fox Cities Chamber Regional Partnership

Calumet County Economic Development and Fox Valley Technical College Chilton are partnering to offer an educational event at the FVTC Chilton facility on July 9 starting at 11 AM! The session is titled: Importing and Exporting Opportunities for Businesses of Any Size. Register to attend online: https://bit.ly/3zv5CNd Register to attend in person: https://bit.ly/3W7lmie Presenter Ngosong Fonkem advises corporate leaders as they make strategic decisions, particularly in the context of dueling U.S. and China laws and regulations resulting from geo-political competition. He primarily focuses on day-to-day compliance with Customs laws and US Export Control and sanctions regulations, and with interventions - such as audits and investigations, and civil enforcement proceedings. With the trade lawyers and specialists at Harris Sliwoski, Ngosong also assists the deal teams (at Harris Sliwoski and at other firms) with due diligence on trade risk in M&A, private equity, and other transactions. The session will be an excellent opportunity to learn more about the tools available to organizations looking to expand markets through trade. The event will be available at FVTC Chilton and streamed via Microsoft Teams. To register to attend onsite or online, please see the links above this story. Register to attend online: https://bit.ly/3zv5CNd Register to attend in person: https://bit.ly/3W7lmie Calumet County, Wisconsin Government Fox Valley Technical College #foxcities #foxcitieschamber #calumetcounty #fvtc #foxvalleytechnicalcollege #regionalpartnership

Get weekly updates on the world economy (like this ⬇️) delivered right to your inbox - subscribe to 14 Fast Facts! Click here: https://bit.ly/3oZCF6V Increasing Incomes - In CY2023, Florida experienced the largest rise in personal income, which includes earnings, bonuses, dividends, interest, rents, and government payments, at 7%. Close behind were Utah and Wyoming, both at 6.8%. Nationally, personal income rose 5.2%. Indiana experienced the slowest growth at 3.4%, followed by Mississippi and Iowa, both at 3.7% (source BEA). #foxcities #foxcitieschamber #regionalpartnership #14fastfacts #economy

According to Livability, the Fox Cities region attracts relocating and expanding businesses with a steady supply of skilled workers, a prime location, and a desirable quality of life! You can read more about how "Fox Cities, WI, Offers the Right Address for Business" here: https://bit.ly/3XsAGal #livability #foxcities #foxcitieschamber #regionalpartnership

Collision Costs - Motor vehicle insurance is up an astounding 22.6% Y-o-Y, and the CPI weight of auto insurance has risen from 1.6% to 2.9%! This is because cars, parts, and repairs are more expensive. As auto insurance inflation slows, it should meaningfully reduce overall inflation (source: Rosenberg Research). Get weekly updates on the world economy (like this ⬆️) delivered right to your inbox - subscribe to 14 Fast Facts! Click here: https://bit.ly/3oZCF6V #foxcities #foxcitieschamber #regionalpartnership #14fastfacts #economy

State Stats - The state that enjoyed the fastest real CY2023 GDP growth was North Dakota at 5.9%. Texas was next at 5.7%, then Wyoming at 5.4%, followed by Alaska and Oklahoma at 5.3%. All five benefited mightily from mining activity. Nationally, GDP rose 2.5%. The worst performing state was Delaware at -1.2% (source: BEA). Get weekly updates on the world economy (like this ⬆️) delivered right to your inbox - subscribe to 14 Fast Facts! Click here: https://bit.ly/3oZCF6V #foxcities #foxcitieschamber #regionalpartnership #14fastfacts #economy

Get weekly updates on the world economy (like this ⬇️) delivered right to your inbox - subscribe to 14 Fast Facts! Click here: https://bit.ly/3oZCF6V Income Inequality - In 1960, the wealthiest 400 Americans had an effective tax rate (ETR) of 56%, while the bottom half of all earners had an ETR of 22%. By the mid-1980s, the richest 400 fell to 35% while it was up to 27% for the lower half. Since then, ETRs have fallen to 24% for the bottom half of taxpayers and just 23% for the richest 400 (source: NYT). #foxcities #foxcitieschamber #regionalpartnership #14fastfacts #economy

Get weekly updates on the world economy (like this ⬇️) delivered right to your inbox - subscribe to 14 Fast Facts! Click here: https://bit.ly/3oZCF6V Disaster Dollars - In 2013 and 2014, the number of weather/climate disasters exceeding $1 billion (inflation-adjusted) was 10, while 2023 had a record 28. The years 2020-2023 have been four of the worst five years, with 2017 also in the top five. A home insurance rate respite seems unlikely (source: Bank of America). #foxcities #foxcitieschamber #regionalpartnership #14fastfacts #economy

Amazing Amazon - As recently as 2013, Walmart had annual sales of $476 billion, over six times Amazon’s $75 billion. A decade later, Walmart’s sales were $648 billion, but Amazon’s sales had jumped to $575 billion. Last year, Amazon’s sales rose $61 billion, 12%, while Walmart’s rose $37 billion, 6%. By early 2026, Amazon, with projected revenues of more than $700 billion, may surpass Walmart as the world’s largest firm measured by revenue (source: WSJ). Get weekly updates on the world economy (like this ⬆️) delivered right to your inbox - subscribe to 14 Fast Facts! Click here: https://bit.ly/3oZCF6V #foxcities #foxcitieschamber #regionalpartnership #14fastfacts #economy

According to Livability, today’s workers seem more willing than ever to move on from one job and test the waters in another. But employers in the Fox Cities region have discovered a way to recruit, reward and retain their team members! Those employers are part of the Fox Cities Chamber of Commerce's Employee Friendly Workplace (EFW) initiative, which is designed to help employers enhance the work-life balance of their organizations. “Workers have a lot of options, and being EFW certified tells a prospective employee that you are doing something different and going above and beyond a standard benefits package. It also is a great way to let your current employees know that you are putting them first by offering first-rate benefits and perks.” - Eric Broten, VP of Business Growth & Development Read the full article here: https://bit.ly/3WKPwsn #livability #EFW #employeefriendlyworkplace #foxcities #foxcitieschamber #regionalpartnership

Frugal Families - For the year ending February 2024, consumers purchased groceries at an average of 20.7 different retailers, up 23% from the year ending February 2020. Compared to last year, grocery shoppers are making 8% more trips, and buying fewer items at each location. Sales of store brands were up 15% Y-o-Y for the year ending March 2023. This past fall, roughly two-thirds of consumers leaned heavily on coupons, up from 33% in 2021 (source: WSJ). Get weekly updates on the world economy (like this ⬆️) delivered right to your inbox - subscribe to 14 Fast Facts! Click here: https://bit.ly/3oZCF6V #foxcities #foxcitieschamber #regionalpartnership #14fastfacts #economy