Minnesota’s economic news, w/e 8/17/18
State and local taxes
Grand Forks Herald: Because of lower taxes, Minnesota Power customers to get modest refund
Labor market
Pioneer Press: Real World Economics: Trends old and new shape tight labor market
Pioneer Press: Minnesota gains 11,200 jobs in July. Here is who is hiring
Star Tribune: Minnesota adds 11,200 jobs in July; unemployment falls sharply for blacks, teens
Minneapolis/St. Paul Business Journal: Minnesota gains 11,200 jobs in July, unemployment drops to 3%; here’s who’s hiring & firing
KROC: Minnesota has added over 30,000 jobs in 3 months
Finance & Commerce: Minnesota employers step up hiring in July
WCCO: Minnesota July Unemployment Rate: Lowest Since 2000
Business North: Minnesota’s jobless rate hits 18-year low
Southern Minnesota Today: Employment Soars in Greater Mankato with Thousands More Jobs
Mankato Free Press: Mankato-North Mankato area shows July job growth
Trade
Rochester Post Bulletin: Tariffs can do real damage to Minnesota
Federal taxes
Finance & Commerce: MN small businesses unsure about tax cuts
Agriculture
Waseca County News: Farmers’ moods defined by uncertainty, anxiety
Economic growth
Rochester Post Bulletin: Weak economic growth likely in rural parts of 10 states
John Phelan is an economist at the Center of the American Experiment.