Year in Review: Wisconsin's economy in 2017

Foxconn Chairman Terry Gou, left, and Gov. Scott Walker hold the Wisconsin flag to celebrate their $10 billion investment to build a display panel plant in Wisconsin, at the Milwaukee Art Museum, Thursday, July 27, 2017. (Mike De Sisti/Milwaukee Journal-Sentinel via AP)

(WLUK) -- 2017 brought jobs to Northeast Wisconsin and around the state. Wisconsin's unemployment rate continued its downward trend.

"We see the economy booming here, unemployment is a 17-year low," Gov. Scott Walker said.

The state added more than 55,000 jobs.

Gov. Walker also focused on future jobs. The state reached a deal with Taiwanese electronics company, Foxconn, to build a major plant in the state, bringing with it as many as 13,000 jobs in the coming years.

But all the talk about jobs wasn't positive.

Changes in the healthcare industry led St. Vincent and St. Mary's in Green Bay and St. Clare in Oconto Falls to eliminate a combined 85 positions, to start the year.

Outagamie County was hit in April when 380 jobs were targeted with the closing of the Jansport college apparel facility in Greenville.

The area would take a bigger blow in September when Appleton Coated shut down. More than 600 workers lost jobs.

That was followed in November with word Appvion will move out 200 jobs.

"Since August, the entire state has lost about 3,000 jobs," said Outagamie County executive, Tom Nelson.

All the cuts didn't tarnish the start of the holiday shopping season, which saw good sales. Travel for Thanksgiving was also up 3.4%--a positive economic indicator.

"With the economy as it's been, the confidence is there," said Jack Simono of AAA in Ashwaubenon:

And heading toward Christmas, Republicans in Washington were focusing on tax cuts.

"I think it's going to stimulate the economy. I think people are going to feel the impact of that next year," said Rep. Mike Gallagher.


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