Minnesota’s economic news, w/e 5/24/19
State and local taxes
Alpha News: No, high taxes aren’t why Minnesota ranks highly
Star Tribune: Senate GOP delays ‘lights on’ bill vote amid budget talks
Rochester Post Bulletin: Changing enrollments bring financial challenges to schools
Dairyland Peach: Minnesota needs a new kind of compromise
St Cloud Times: Central Minnesota business owners, lawmakers still split on paid family leave pitch
Minn Post: Special session looms as budget impasse continues at the Legislature
WCCO: Senate GOP Passes ‘Lights On’ Bill; No Budget Deal In Sight
Star Tribune: Senate GOP passes ‘lights on’ bill; no budget deal in sight
Star Tribune: Budget tensions rise in fiery remarks from Gov. Tim Walz, GOP lawmakers on Saturday
Winona Daily News: Chris Carroll: The “sick tax” is narrow and regressive. It’s time to let it go.
Pioneer Press: MN lawmakers have a $48.3B budget deal — no gas tax hike, keeps health care tax at 1.8 percent
Star Tribune: Walz, Minnesota lawmakers end budget impasse ahead of Monday deadline
KSTP: No gas tax increase slated for Minnesota after lawmakers reach budget deal
Faribault Daily News: Why do medical cannabis companies pay the highest corporate taxes in Minnesota?
Alpha News: Minnesota Budget Deal: No Gas Tax, Small Income Tax Cut, Increase In Spending
Star Tribune: Minnesota Legislature adjourns, with much of its work undone
Pioneer Press: Inside the budget deal — spending the surplus and tapping the rainy day fund
Duluth News Tribune: Our View: Compromise? We’ll take it!
St. Cloud Times: State’s next 2-year budget set at $48.3 billion
Know News Radio: MN Budget Agreement (Update)
Business North: Walz, legislative leaders, reach budget agreement
Alpha News: Minnesota Narrowly Escapes Massive Gas Tax Increase
Grand Forks Herald: Minnesota lawmakers react to budget talks
The Neighbor: Legislature in overtime to work on bipartisan budget deal by Thursday’s single day ‘special session’
KNSI: Benton County passes Transportation tax
WJON: Howe: Bill lowers income tax rate, spends state’s reserve fund
Labor market
Brainerd Dispatch: Minnesota adds 3,600 jobs in April
KSTP: Shopko, other closures drive retail layoff numbers in Minnesota this year
KNSI: Store closings blamed for higher state unemployment numbers
Minn Post: It’s a pretty good time to find a summer job for Minnesota teens — but fewer of them are
Agriculture
KNUJ: Leading MN agribusiness and trade association call for USMCA agreement
KUNC: Survey: Region’s Bankers Losing Confidence In Farm Economy
Economic development
The Ely Echo: Why the federal government renewed Twin Metals Minnesota mineral leases
WCCO: Officials: Housing Needed In Twin Cities Amid Steady Population Growth
Fox 9: 10 Minnesota cities that added the most people over last 8 years
Duluth News Tribune: Statewide View: Simple tax incentive could make Minnesota leader in TV, film production
Yahoo Finance: Beer Industry Contributes $6.9 Billion Annually to Minnesota’s Economy
Duluth News Tribune: Local View: Protect Boundary Waters’ economic, environmental advantages
Trade
Star Tribune: Minnesotans lament China trade war: ‘We’re about to get hammered again’
Minn Post: As trade war escalates, Minnesota soybean farmers wonder: What’s the plan?
Rochester Post Bulletin: Tariffs make soybean farmers tense
John Phelan is an economist at the Center of the American Experiment.