Minnesota’s economic news, w/e 12/7/18
Economic development
Hutchinson Leader: Looking Back at Hutchinson history
Minn Post: Faribault is a global businesses hotspot. Can other Minnesota cities learn from its success?
Hutchinson Leader: Report highlights business benchmarks in Minnesota
Trade
Rochester Post Bulletin: Minnesota farm, mining, other exports grow 6.5%
Finance & Commerce: Minnesota exports rise 6.5% in Q3, DEED reports
Star Tribune: Minnesota exports growing at a slower rate than earlier in year
Labor market
MPR News: Trade skills are in high demand
KROC: Rochester area worker shortage worsened in October
Rochester Post Bulletin: Economist: Skilled worker shortage hurts Midwestern economy
Pioneer Press: Skilled worker shortage hurts Midwestern economy, says new economic report
State and local taxes
Pioneer Press: St. Paul City Council trying to trim mayor’s 11.5 percent tax hike proposal
Mankato Free Press: Spear column: Are Mankato commercial taxes high?
Star Tribune: State’s economic forecast will shape budget plans
Reader’s Digest: 10 Most and Least Tax-Friendly States for Seniors
KIMT3: Council approves property tax levy
MPR News: State lawmakers won’t rush tax code rewrite
Red Wing Republican Eagle: Red Wing 2019 levy (just barely) passes
Watchdog: Sticker shock: Minnesotans estimated to see property tax increases of more than 5 percent
Austin Daily Herald: City holds Truth in Taxation hearing; Council votes to move tax levy, budget for approval at next regular meeting
WDIO: Minnesota Projects $1.5 Billion Budget Surplus
Pioneer Press: Minnesota has a projected $1.5 billion budget surplus — but what does it mean?
Star Tribune: Minnesota projects $1.5 billion surplus
West Central Tribune: Minnesota forecasts $1.5-billion surplus ahead of 2019 legislative session
Mankato Free Press: Our View: Budget Surplus: Legislators should be cautious in risky economy
Economic growth
Star Tribune: Minnesota, 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 Dispatch: Minnesota economy chugs on, but slowdown on the horizon
Pioneer Press: Minnesota economists warn of recession, but all is well for now
WCCO: Forecast: Minnesota Has A $1.5 Billion Surplus
John Phelan is an economist at the Center of the American Experiment.