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Wisconsin IDEA Insight • Data • Economics • Analysis
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State Internet Expenditures in the Great Lakes Region
Monthly Personal Consumption Expenditures on Internet Plateaued Since 2016
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Many broadband expansion discussions are driven by the expression “build it and they will come.” While there is a continued push to build more broadband infrastructure, research continues to indicate we need to also think about the cost of internet services for the consumer. Looking at trends in household internet expenditures allows us to see how consumer spending on internet services may be related to future broadband expansion and adoption trends.
In the Great Lakes region, monthly personal consumption expenditures on internet per household went through a period of acceleration from 2006 to 2016 but has since plateaued. For example, the average household expenditure on internet in Wisconsin in 1997 was $2.33 per month and rose to $29.38 per month in 2021. Most of that growth happened between 2006 and 2016 when internet expenditures increased from $8.93 per month to $26.26 per month. This leveling off in average household spending on internet services could be a sign of little change in broadband adoption rates in more recent years. Is the broadband market saturated? If broadband adoption rates hold steady, we are not likely to see big leaps in state internet personal consumption expenditures.
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Econ Quiz: Job Satisfaction
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On the heels of the ongoing COVID-19 pandemic, the phrases “Great Resignation” and “quiet quitting” became part of our vocabulary. The first term described the unexpected churn in the labor market as quit rates hit a 20-year high in the spring of 2022. The second phrase has taken on many different meanings. For some, quiet quitting is about creating a work/life balance: an intentional act of not overachieving at work. For others, it’s used to describe workers who are doing the bare minimum. Across most uses of the phrase, quiet quitting describes a detachment from the workplace without actually leaving the workplace.
In 2023, after the pinnacle of both the Great Resignation and quiet quitting, the Pew Research Center conducted a survey regarding the experiences of U.S. adults in the workplace. The results point to a general trend of disengagement among younger workers.
Among workers of all ages, 51% reported being “extremely” or “very” satisfied with their job. The proportion of workers who are satisfied declines as age declines. Roughly 67% of workers ages 65 and older, 55% of those age 50 to 64, and 51% of those age 30 to 49 reporting that they are “extremely” or “very” satisfied with their jobs.
The youngest workers expressed the least satisfaction with their jobs. What percentage of workers ages 18-29 expressed being extremely or very satisfied with their job?
A. 62%
B. 30%
C. 44%
D. 10%
E. 50%
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OVERVIEW
In late 2022, the UW-Madison EDA University Center conducted a statewide survey of Wisconsin residents on broadband access and affordability, with the goal of estimating the willingness to pay for broadband. As the state makes significant investments in broadband infrastructure, attention is shifting to the willingness, or ability, of people, particularly lower-income people, to pay for broadband subscriptions.
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OVERVIEW
This Broadband Toolkit prepares Wisconsin communities to increase broadband access for all by engaging local stakeholders in the planning process and developing a comprehensive implementation strategy. The Toolkit is designed to provide maximum flexibility to users – it can be utilized either sequentially, by starting at the beginning and working through each module in order, or selectively, by choosing individual modules based on specific needs and interests.
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We are thrilled to announce the StartUp Wisconsin Entrepreneurship Summit, set to take place on Saturday, Nov 11, 2023! This event promises a vibrant showcase of Wisconsin’s entrepreneurial spirit, featuring a diverse array of businesses, products, and services. Not only is this an opportunity to discover remarkable products and services, but also a platform for education and inspiration. We will host several sessions between 10 am and 4 pm at Summit Place, 6737 W Washington St, West Allis, WI 53214. Join us for one or all of the sessions!
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The Small Community Forums provide resources and a venue for everyone who cares about the future of Wisconsin’s small (and mighty) communities. The forums bring together residents, community leaders, elected officials, business leaders and civic-minded individuals to share best practices and discuss strategies to address the unique opportunities and challenges facing our communities. Dates and locations include:
Tuesday, November 14 | 7:30 am - 1:00 pm
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(Wisconsin Public Radio - 10/27/203)
(WisBusiness.com - 10/17/2023)
(Milwaukee Journal Sentinel - 10/10/2023)
(Market Place - 9/12/2023)
(WisBusiness.com - 9/8/2023)
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