News

Archives

March 3, 2012

Richard Ryman Column: Indicators show Wisconsin economy is picking up

 

More evidence that economic improvement is picking up comes from the state Department of Financial Institutions and the International Trade Administration.

According to Financial Institutions, 202 state-chartered banks reported net income of $271.9 million in 2011 after losing $69.8 million in 2010. The data comes from the Federal Deposit Insurance Corp.

Other notable stats: Capital ratios averaged 10.54 percent, up from 9.66 percent, and non-current loan ratios averaged 3.41 percent, down from 3.86 percent.

“In recent meetings with bank executives across the state, we have heard over and over again that bank performance is trending up,” said Peter Bildsten, DFI secretary.

The International Trade Administration, meanwhile, said Wisconsin merchandise exports increased 11 percent in 2011, to $22 billion.

Key export categories included machinery, computer and electronics products, food and related products, transportation equipment and chemicals.

The Trade Administration is a branch of the U.S. government and provides assistance to U.S. companies that want to export.

For information, call (414) 297-3475 or go to www.export.gov/wisconsin.

ReStore collections
Greater Green Bay Habitat for Humanity’s ReStore says it has collected nearly 50 tons of electronics since starting an Electronics Recycling Program six months ago.

ReStore works with Vintage Tech Recyclers Inc. to collect such items as televisions, computer monitors, DVD players and more.

ReStore, which helps fund Habitat programs, asks for a $5 donation for every recycled item.

It also accepts used building materials at no charge, which it resells to the public.

The address is 2965 Ramada Way, Ashwaubenon. The telephone number is , and the website is www.restoregb.org.

Donation
Schreiber Community Fund provided a $5,000 grant for parenting education classes at Family Childcare Resources of N.E.W., Green Bay.

The grant will pay for parenting classes in English and Spanish — one each in spring and fall.

The organization is seeking money to replace an $85,000 grant from another source that no longer is available.

Like me, too

I have my own Facebook business page at http://tinyurl.com/3eo782t. Or Facebook search Richard Ryman-Press-Gazette.

You also can sign on to Twitter feeds @pressgazetteBIZ and @RichRymanPG.

Contact Richard Ryman at (920) 431-8342 , rryman@greenbaypressgazette.com or through his Richard Ryman — Press-Gazette Facebook page.