1. Economic Indicators:
An Update for the 7 Rivers Region

3. 0
2
4
6
8
10
12
14
1974 1978 1982 1986 1990 1994 1998 2002 2006 2010 2014
Housing: Vacancy Rates for
Rental Units
1 unit
2 or more units
5 or more units

4. -
1.0
2.0
3.0
4.0
5.0
6.0
7.0
2000 2002 2004 2006 2008 2010 2012 2014
Foreclosure Rate per 1,000 Housing Units
La Crosse
Brown
Outagamie
Winnebago

5. $100,000
$110,000
$120,000
$130,000
$140,000
$150,000
$160,000
2007 2011 2015
Median Home Prices: Brown County

6. $100,000
$110,000
$120,000
$130,000
$140,000
$150,000
$160,000
$170,000
2007 2011 2015
Median Home Prices: Outagamie
County

7. $80,000
$90,000
$100,000
$110,000
$120,000
$130,000
$140,000
$150,000
2007 2011 2015
Median Home Prices: Winnebago
County

8. $100,000
$110,000
$120,000
$130,000
$140,000
$150,000
$160,000
$170,000
2007 2011 2015
Median Home Prices: La Crosse
County

9. 0
2
4
6
8
10
12
1986 1990 1994 1998 2002 2006 2010 2014 2018
30-Year Conventional Mortgage Rate

10. 0
2
4
6
8
10
12
1986 1990 1994 1998 2002 2006 2010 2014 2018
30-Year Conventional Mortgage Rate

11. 0
2
4
6
8
10
12
1986 1990 1994 1998 2002 2006 2010 2014 2018
30-Year Conventional Mortgage Rate

12. 0
2
4
6
8
10
12
1986 1990 1994 1998 2002 2006 2010 2014 2018
30-Year Conventional Mortgage Rate
?

14. As weather officer in
World War II he and his
team determined long
range weather forecasts
were no better then
pulling them out of a
hat.
Ken Arrow, Nobel Laureate in Economics

15. “The Commanding
General is well aware
that the forecasts are no
good. However, he
needs them for planning
purposes…”
Ken Arrow, Nobel Laureate in Economics

17. Why are interest rates so low?
 Low inflation and contained expectations
 Aggressive action by the Federal Reserve
(QE)
 The rest of the world is struggling, leaving the
US as a safe haven for investment.

18. -10%
-7%
-4%
-1%
2%
5%
8%
11%
14%
17%
20%
2008Q1 2010Q1 2012Q1 2014Q1
Change in GDP since Q1 2008
US
France
Germany
Spain
Italy

19. $0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
$800,000
$900,000
$1,000,000
$1,100,000
$0
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
1993 1996 1999 2002 2005 2008 2011 2014
Construction Spending Millions of Dollars
Total Public Construction Spending
Left Axis
Total Private Construction Spending
Right Axis

20. 0.00%
0.04%
0.08%
0.12%
0.16%
1967 1971 1975 1979 1983 1987 1991 1995 1999 2003 2007 2011
Net Government Investment Spending as
Percentage of GDP

21. Oil Prices

22. $0 $20 $40 $60 $80 $100 $120 $140 $160 $180 $200
Libya
Iran
Algeria
Nigeria
Venezuela
Russia
Saudi Arabia
Iraq
UAE
Kuwait
Qatar
Oil Price Needed For Fiscal Break Even
$53

25. Risks to Local Economy
 State Budget
 Dollar Appreciation
 Manufacturing Employment

29. Early Childhood Development
The Economic Impact of Doing Better by
our Children

30. 0 10 20 30 40
Pre-K education
Primary Education
High School Education
College Education
Other
Which of the following actions do you believe will have the
biggest impact on reducing poverty?

31. 0 5 10 15 20
Increase All Education
Spending
Better Jobs
Parents and Family
Reduce
Spending/Welfare
OTHER: Which of the following actions do you believe will have
the biggest impact on reducing poverty?

33. Two roads diverged in a wood, and I—
I took the one less traveled by,
And that has made all the difference.
~ Robert Frost

35. r

36. “
”
By the time they enter
kindergarten the children
of professional families
heard 19 million more
words than kids of
working class families
Our Kids Robert Putnam

46. Disparities Exist Early
 Cognitive
 Social-Emotional
 Health
 School Preparedness

47. The Research
 The High/Scope Perry Preschool Study
 The Abecedarian Intervention Project
 Chicago Child Parent Center
 Head Start

48. The Economic Benefits to
Early Interventions
 Tax Revenue Increases and Transfer Payment
Decreases Due to Higher Earnings
 Remedial Education and Education System
Savings
 Reduced Involvement with the Criminal Justice
System
 Improvements in Health

51. The Areas of Early
Interventions
 Health
 Family Support
 Learning

52. Health

53. Health
 Timely and ongoing prenatal, pediatric, and oral health
care
 Access to affordable health insurance for children and
families
 Partnerships to coordinate the identification and delivery
of health care services with early learning programs
 Community-based programs targeting sources of toxic
stress such as violence, crime, substance abuse, and
mental illness, combined with supports for parents and
caregivers who need them
 Maximize participation of families, providers, schools and
communities in federal nutrition and assistance programs

54. Family Support

55. Family Support
 Voluntary, evidence-based, iii home visiting programs for
new and expectant families at risk for poor child outcomes
 Parent education and parent-child interaction programs
that are linguistically and culturally appropriate and
support development and nurturing of infants and toddlers
 Access to child care assistance for eligible families with
provisions for quality and continuity of care
 Effective outreach and enrollment in programs that
promote family economic stability and parent
participation in higher education
 Prevention programs and services for children at risk of
abuse and neglect and their families
 Family engagement policies starting with defining family
engagement, establishing benchmarks of success for
targeted populations, and monitoring progress
 Access to health care and education programs for
children cared for by grandparents and other relative
caregivers.

56. Learning

57. Learning
 Access to high-quality care and learning programs for infants
and toddlers with educational, health, and development
components; high-quality child care; voluntary, full-day
preschool for all low-income 3- and 4-year-olds; and full-day
kindergarten
 Collaboration among community- and school-based early
learning programs and services; Opportunities for learning
outside of the school day, including summer
 Transition planning from early care, to preschool, to K-12
learning environments
 Access to effective pre-service education, training, and onsite
support for applying knowledge to practice
 Training and coaching for teachers working with special
populations including dual language learners and children
with disabilities
 Coordinated professional development, including coaching
and training that improves practice and provides effective
learning opportunities for all children
 Specialized certification areas that reflect the education
continuum from birth through 3rd grade.

58. Principal, Hintgen Elementary School
Mark J. White, NAESP President
Tim Penny, President and CEO
Southern Minnesota Initiative Foundation

60. What were your experiences
and challenges?
What do you wish you could
have done different?

61. Imagine now you were
suddenly in a lower SES. What
challenges would you face?
What could help you overcome
them?

62. THANKS.
PLEASE FILL OUT YOUR EVALUATIONS