Data as of June 28, 2013
In 2012, nonfarm employment grew in all areas of the district. Employment grew faster than historical averages in Minnesota, Montana and North Dakota, but slower than historical averages in other areas. Modest employment growth is projected for 2013 and 2014. Employment growth is expected to slow in 2013, except in South Dakota, where the growth rate is projected to remain essentially unchanged, and in the Upper Peninsula of Michigan, where employment is projected to decrease slightly. In 2014, employment growth rates are expected to be less than 1 percent, except in North Dakota, where the growth rate is predicted to increase and continue to surpass historical averages. Employment is expected to decrease slightly in Wisconsin. A caveat to the forecast is that unseasonable late wintry weather this spring likely depressed employment levels in several areas of the district. The forecast model results may be lower as a result of incorporating this weather effect.