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Minnesota’s economic news, w/e 7/5/19

Economic development

Hometown Focus$10 million available in 2019; an additional $10 million available in 2021

WCCOAngel Tax Credit Returns To Minnesota In Hopes Of Making Minneapolis Competitive With Silicon Valley

KNSI: City awarded DEED grant

Mankato Free PressArea communities get DEED grants

Brainerd Dispatch3 area cities receive DEED grants

KNSI: Central Minnesota companies awarded grants

Pine JournalCarlton County airports generate millions in economic activity

Hutchinson LeaderDEED accepting Angel Tax Credit applicants

Labor market

Grand Forks HeraldNew Minnesota wage theft law takes effect July 1

KROC: Possible sign of slight easing in Rochester’s tight labor market

Minn PostAs Minneapolis minimum wage ticks up, city prepares to address more violations

WCCOMinneapolis Minimum Wage Increases By 1 Dollar, Eventually To $15 An Hour

Economic growth

Star TribuneTrade winds, economic uncertainty can’t derail U.S., Minnesota stock market gains

WNAXMid America Economy Still Showing Signs of Growth

Winona Daily NewsSurvey suggests Midwest economic growth will continue

Star TribuneMinnesota, regional factories grow, but slower than national pace

Rapid City JournalOURS: A stronger economy benefits everyone

State and local taxes and spending

Mankato Free PressReader Response: Mankato should ask for bonding dollars

Agriculture

Ag WeekRep. Peterson makes dire predictions for agriculture

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

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