Sure, utilizing both Chained CPI, or East North Central CPI:
Determine 1: Wisconsin whole wages and salaries deflated utilizing chained CPI (blue), utilizing official East North Central subregion CPI, adjusted utilizing X-13 (tan), all in billion 2023$ at annual charges. NBER outlined peak-to-trough nationwide recession dates shaded grey. Supply: BLS, BEA, NBER, and creator’s calculations.
The image doesn’t actually change if one expresses in per capita phrases:
Determine 2: Wisconsin whole wages and salaries per capita deflated utilizing chained CPI (blue), utilizing official East North Central subregion CPI, adjusted utilizing X-13 (tan), all in 2023$ at annual charges. NBER outlined peak-to-trough nationwide recession dates shaded grey. Supply: BLS, BEA, NBER, and creator’s calculations.
Word it is a per capita proportion calculation, versus JEC-Republican per “family” greenback calculation. As mentioned on this publish, the East North Central and JEC-Republican calculation purportedly for Wisconsin cumulative change matches fairly intently by March 2024, relative to January 2021.
