WI Bankers' Previous Forecasts Are Spot On; What about 2019?

Bankers 2018 WI Forecast Was Spot On; What About 2019?

(Madison) – Bankers are optimistic about Wisconsin’s current economy but split on what 2019 holds in store for the Badger State. Over half of the 99 Wisconsin bank CEOs and Presidents contributing to the latest Wisconsin Bankers Association (WBA) Bank CEO Economic Conditions Survey believe Wisconsin’s strong economy will stay the same in 2019. The predictions by the remaining respondents are almost evenly split as to whether the economy will grow or weaken. 

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“As predicted in our last survey, 2018 was a great year for Wisconsin’s economy as well as lending activity. It’s very encouraging to see most bankers believe 2019 will continue that strong performance,” explained Rose Oswald Poels, WBA president and CEO. “Bankers offer a unique perspective because they are the first to see and understand Wisconsin’s economic trends due to their customers’ activities. In turn, our members use that information to help their communities prosper.”

The survey was conducted over the first two weeks of December with 99 respondents.