Governor Tony Evers, along with the Wisconsin Economic Development Corporation Secretary and CEO Missy Hughs, announced that Wisconsin experienced record-planned capital investments last year as business continued to establish and expand across the state.
Through partnerships with the Evers Administration and WEDC, businesses committed to over $2.4 billion in capital investments for the fiscal year 2024, marking the highest level since WEDC’s inception in 2011 and surpassing the previous record of nearly $1.8 billion set in FY19.
This announcement coincides with last week’s declaration by Governor Evers and the Wisconsin Department of Workforce Development that Wisconsin reached new record highs for employment and total nonfarm jobs in June 2024, based on preliminary estimates from the U.S. Bureau of Labor Statistics.
Additionally, Governor Evers and the DWD announced yesterday that Wisconsin ranked first in the nation for inflation-adjusted hourly earning growth in February, March, and May 2024 and second in April, according to preliminary data on private sector worker earnings from the U.S. Bureau of Labor Statistics.