A retrospective:
Figure 1: Wisconsin manufacturing employment, 000’s, s.a. (blue, left scale), Wisconsin manufactured exports in mn.2000$ (tan, right scale). Wisconsin nominal exports seasonally adjusted using geometric moving average, deflated using goods export price deflator. Source: BLS, Census, and author’s calculations.
Interestingly, national manufacturing employment plateaus at the same time, but does not exhibit the downturn that Wisconsin’s does starting mid-2019. More details on import and export dependence on Mexico, Canada, in Wisconsin here.
Ans: No.
