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Minnesota’s economic news, w/e 12/7/18

Economic development

Hutchinson LeaderLooking Back at Hutchinson history

Minn PostFaribault is a global businesses hotspot. Can other Minnesota cities learn from its success?

Hutchinson LeaderReport highlights business benchmarks in Minnesota

Trade

Rochester Post BulletinMinnesota farm, mining, other exports grow 6.5%

Finance & CommerceMinnesota exports rise 6.5% in Q3, DEED reports

Star Tribune: Minnesota exports growing at a slower rate than earlier in year

Labor market

MPR NewsTrade skills are in high demand

KROC: Rochester area worker shortage worsened in October

Rochester Post BulletinEconomist: Skilled worker shortage hurts Midwestern economy

Pioneer Press: Skilled worker shortage hurts Midwestern economy, says new economic report

State and local taxes

Pioneer PressSt. Paul City Council trying to trim mayor’s 11.5 percent tax hike proposal

Mankato Free PressSpear column: Are Mankato commercial taxes high?

Star TribuneState’s economic forecast will shape budget plans

Reader’s Digest10 Most and Least Tax-Friendly States for Seniors

KIMT3: Council approves property tax levy

MPR NewsState lawmakers won’t rush tax code rewrite

Red Wing Republican EagleRed Wing 2019 levy (just barely) passes

WatchdogSticker shock: Minnesotans estimated to see property tax increases of more than 5 percent

Austin Daily HeraldCity holds Truth in Taxation hearing; Council votes to move tax levy, budget for approval at next regular meeting

WDIOMinnesota Projects $1.5 Billion Budget Surplus

Pioneer PressMinnesota has a projected $1.5 billion budget surplus — but what does it mean?

Star Tribune: Minnesota projects $1.5 billion surplus

West Central TribuneMinnesota forecasts $1.5-billion surplus ahead of 2019 legislative session

Mankato Free PressOur View: Budget Surplus: Legislators should be cautious in risky economy

Economic growth

Star TribuneMinnesota, Midwest factories see slowest growth in two years

KNSI: Economy sees more growth

Pioneer Press: Think Minnesota’s economy is great? Conservative group says not so fast

Brainerd DispatchMinnesota economy chugs on, but slowdown on the horizon

Pioneer Press: Minnesota economists warn of recession, but all is well for now

WCCOForecast: Minnesota Has A $1.5 Billion Surplus

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

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