Minnesota’s economic news, w/e 9/7/18
Economic development
Minneapolis/St. Paul Business Journal: Daikin plans $40.3 million expansion in Faribault, adding 132 jobs
Prairie Business: Coalition builder: A Q&A with Ron Johnson, president, Coalition of Greater Minnesota Cities
KSTP: HVAC Company Plans $40.3M Expansion in Faribault
Labor market
Pioneer Press: Citizens League outlines three $15 minimum wage scenarios for St. Paul, with and without tip credits
Pioneer Press: Jennifer Schellenberg: In minimum wage debate, the argument for a tip credit must be considered
Pioneer Press: Real World Economics: Stepping back to see the big picture
Star Tribune: Employers are slowly turning to ex-offenders to fill open jobs in a worker-hungry economy
Brainerd Dispatch: Low unemployment levels recorded across the region
St. Cloud Times: Minnesota scores high on Best States to Work Index
State and local taxes
Rochester Post Bulletin: Tax bill hinders Bear Creek housing effort
Austin Daily Herald: Two perspectives on proposed tax levy increase: City, Chamber of Commerce on opposite sides of issue
Economic growth
KTTC: Minnesota tourism industry reports strong summer season
WCCO: Report: Midwest Economy Takes Leap Forward
Star Tribune: Factories report robust business in August
Federal taxes
MPR News: Minnesota cuts taxpayers a break on 2018 deductions
Minn Post: Minnesota to allow taking federal standard deduction while itemizing state taxes for 2018
Fox 9: Lawmakers set up rule to give Minnesota taxpayers more options when they file
Trade
MPR News: Minnesota exports continue growing
KTTC: Minnesota exports jump in Q2–top customers are in Canada, China
Mining
MPR News: Feds reopen forests near Boundary Waters to mining
Business North: USDA decision ends request to halt mineral leases
John Phelan is an economist at the Center of the American Experiment.