Tracking the Model's Forecasts for 2012
Nonfarm Employment
Unemployment Rate
Personal Income
Housing Units Authorized
Nonfarm Employment
| Area | First Forecast July 2011 |
Second Forecast January 2012 |
Third Forecast July 2012 |
Estimate January 2013 |
Final July 2013 |
|---|---|---|---|---|---|
| Minnesota | 1.7 | 2.8 | 1.6 | ||
| Montana | 2.9 | 2.9 | 1.1 | ||
| North Dakota | 4.1 | 4.8 | 6.5 | ||
| South Dakota | 1.1 | 2.1 | 1.8 | ||
| Wisconsin | 1.6 | 1.9 | 0.7 | ||
| U.P. of Michigan | 2.5 | 3.0 | 2.1 |
Unemployment Rate
| Area | First Forecast July 2011 |
Second Forecast January 2012 |
Third Forecast July 2012 |
Estimate January 2013 |
Final July 2013 |
|---|---|---|---|---|---|
| Minnesota | 6.2 | 6.5 | 5.4 | ||
| Montana | 7.0 | 7.4 | 5.7 | ||
| North Dakota | 3.6 | 3.4 | 3.1 | ||
| South Dakota | 4.4 | 4.3 | 4.1 | ||
| Wisconsin | 7.3 | 7.3 | 6.6 | ||
| U.P. of Michigan | 8.7 | 9.4 | 7.7 |
Personal Income
| Area | First Forecast July 2011 |
Second Forecast January 2012 |
Third Forecast July 2012 |
Estimate January 2013 |
Final July 2013 |
|---|---|---|---|---|---|
| Minnesota | 5.8 | 6.3 | 6.1 | ||
| Montana | 5.5 | 5.1 | 5.3 | ||
| North Dakota | -17.1 | -7.3 | -6.2 | ||
| South Dakota | 6.0 | 5.0 | 4.8 | ||
| Wisconsin | 5.9 | 5.8 | 5.1 |
Housing Units Authorized
| Area | First Forecast July 2011 |
Second Forecast January 2012 |
Third Forecast July 2012 |
Estimate January 2013 |
Final July 2013 |
|---|---|---|---|---|---|
| Minnesota | 54.8 | -12.1 | 63.5 | ||
| Montana | 26.1 | 6.1 | 19.8 | ||
| North Dakota | -7.1 | -0.6 | 59.5 | ||
| South Dakota | 23.0 | 4.5 | 13.6 | ||
| Wisconsin | 34.1 | -3.2 | 8.3 |
