Economy

Wisconsin banks saw loan growth, flat deposits and a decline in noncurrent loans and leases during the second quarter, according to FDIC data analyzed by the Wisconsin Bankers Association.

Southeastern Wisconsin’s manufacturing sector continued contracting in August, marking the second straight month the sector has shrank after an extend run of growth.

Wisconsin added an estimated 10,000 private sector jobs in July with most of the increase coming from gains in accommodation and food service, according to data released Thursday by the Department of Workforce Development.

Wisconsin cranberry growers expect to harvest 5.2 million barrels of cranberries this year, which would be a 33% increase compared to the 3.9 million barrels of cranberries harvested last year in the state, according to the Wisconsin State Cranberry Growers Association.

Home sales in the four-county metro Milwaukee area were down 17.2% in July, year-over-year, and home sales in the greater southeastern Wisconsin region were down 18.2% for the month.

Most metro Milwaukee business leaders are expecting higher sales and profits, and expect to employ more people, during the third quarter than a year ago, according to the results of the Metropolitan Milwaukee Association of Commerce’s quarterly membership business outlook survey.

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