Minnesota’s economic news, w/e 12/22/17
Economic growth
St. Cloud Times: Dismal economic times in Minnesota? Hardly
See our commentary on this here.
Federal tax
MPR News: Taxes and businesses
MPR News: Tax changes will leave Minnesota lawmakers with a big job
Go MN: We asked Minnesota’s Fortune 500 companies what they’ll do with corporate tax cut savings
See our commentary on this here.
Labor market
Minn Post: With more retail sales forecast, Minnesota is expected to see more holiday jobs than previous years
Star Tribune: Minnesota sees decline of 4,000 jobs in November
Fox 9: Minnesota’s unemployment rate lowest since 2000
Finance & Commerce: State’s construction sector adds 1,800 jobs in November
Twin Cities Business: Minnesota’s Unemployment Rate in November Hits Lowest Mark Since July 2000
Duluth News Tribune: Minnesota unemployment rate drops to lowest rate since Clinton administration
WDIO: Minnesota, Wisconsin See Best Jobs Numbers Since Turn of Century
Economic development
Twin Cities Business: Rosemount-based Spectro Alloys Set for $5.8M Expansion with Help from State Grant
Duluth News Tribune: Loan to spur Altec’s growth: Duluth manufacturer expects to add 100 jobs
See our commentary on this here.
Immigration
Grand Rapids Herald Review: Minnesota Business Immigration Coalition joins call for Congress to act now, beginning with Dreamers
See our commentary on this here.
Super Bowl LII
Fox 9: Could a Vikings Super Bowl change economic expectations?
Poverty
Winona Daily News: Studies show Minnesota poverty down slightly, but still present
John Phelan is an economist at Center of the American Experiment.