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Minnesota’s economic news, w/e 12/22/17

Economic growth

St. Cloud TimesDismal economic times in Minnesota? Hardly

See our commentary on this here.

Federal tax

MPR NewsTaxes and businesses

MPR NewsTax changes will leave Minnesota lawmakers with a big job

Go MNWe asked Minnesota’s Fortune 500 companies what they’ll do with corporate tax cut savings

See our commentary on this here.

Labor market

Minn PostWith 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 9Minnesota’s unemployment rate lowest since 2000

Finance & CommerceState’s construction sector adds 1,800 jobs in November

Twin Cities BusinessMinnesota’s Unemployment Rate in November Hits Lowest Mark Since July 2000

Duluth News TribuneMinnesota unemployment rate drops to lowest rate since Clinton administration

WDIOMinnesota, Wisconsin See Best Jobs Numbers Since Turn of Century

Economic development

Twin Cities BusinessRosemount-based Spectro Alloys Set for $5.8M Expansion with Help from State Grant

Duluth News TribuneLoan 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 9Could a Vikings Super Bowl change economic expectations?

Poverty

Winona Daily NewsStudies show Minnesota poverty down slightly, but still present

John Phelan is an economist at Center of the American Experiment. 

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