With inflation at its highest rate in the United States since the early 1980s, including Milwaukee area gas prices that briefly soared above $5 a gallon but later fell to below $3 a gallon, and declines in U.S. GDP during the first half of the year, ongoing supply chain challenges and a tight labor market, there were plenty of economic issues to be concerned about in 2022. During the year many felt the U.S. economy was either in a recession, or headed toward one in 2023.
But despite those challenges, and others, there were several bright spots in the local economic landscape this year.
It’s time to take a final look back at 2022, with my annual review of the biggest local business stories of the year (you can also check out my lists for the biggest local business stories of 2021, 2020, 2019, 2018, 2017, 2016 and 2015)......more
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- - Volume: 11 - WEEK: 1 Date: 1/5/2023 9:17:13 PM -