QQQM - Wisconsin Economic Outlook November 2020

• The Wisconsin Department of Revenue has released its Economic Outlook, dated November 22nd.
• Notice the drop in employment in October's numbers. It's unclear whether this outcome is a product of measurement error or representative of an actual drop in activity (that observation point is preliminary).
• Looking forward in the next few months, a lot will depend on the evolution of the pandemic (as much as the extension or not of enhanced unemployment insurance and pandemic assistance - DoR forecast assumes no further support).

For further details see: