Tracking the Model's Forecasts for 2014

Nonfarm Employment
Unemployment Rate
Personal Income
Housing Units Authorized

Nonfarm Employment

Area First Forecast
July 2013
Second Forecast
January 2014
Third Forecast
July 2014
Estimate
January 2015
Final
July 2015
Minnesota 0.6 1.2 1.1    
Montana 0.5 1.3 1.8    
North Dakota 3.5 4.5 4.6    
South Dakota 0.3 0.9 0.8    
Wisconsin -0.1 0.8 1.2    
U.P. of Michigan 0.3 0.7 -0.9    

 

Unemployment Rate

Area First Forecast
July 2013
Second Forecast
January 2014
Third Forecast
July 2014
Estimate
January 2015
Final
July 2015
Minnesota 5.2 4.3 4.4    
Montana 5.1 4.9 4.3    
North Dakota 3.2 2.3 2.5    
South Dakota 3.9 3.5 3.8    
Wisconsin 7.0 6.0 5.5    
U.P. of Michigan 8.9 9.1 9.2    

 

Personal Income

Area First Forecast
July 2013
Second Forecast
January 2014
Third Forecast
July 2014
Estimate
January 2015
Final
July 2015
Minnesota 3.4 4.7 3.1    
Montana 3.2 4.4 2.1    
North Dakota 4.8 8.8 0.7    
South Dakota 4.7 5.2 0.5    
Wisconsin 2.6 4.0 2.3    

 

Housing Units Authorized

Area First Forecast
July 2013
Second Forecast
January 2014
Third Forecast
July 2014
Estimate
January 2015
Final
July 2015
Minnesota 6.5 14.7 -16.6    
Montana -2.8 -0.2 -42.9    
North Dakota -16.7 -39.2 -26.2    
South Dakota -0.4 10.6 30.9    
Wisconsin -6.6 -5.4 -8.5    

 

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