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Minnesota’s economic news, w/e 12/6/19

State and local taxes and spending

Star TribuneMinneapolis City Council to consider budget that would add police, money for 2020 elections

Pioneer Press‘Handout to the affluent.’ How Minnesota replaced low-income college savings grants with tax breaks for high earners

Mankato Free PressFor Mankato homeowners, a moderate rise in property taxes

KRFO: Check Out How Much Sales Tax You’ll Pay Cyber Monday in Rochester

Knox News Radio: MN Tax Hikes

KAALTVBreweries brace for barrel tax hike

Austin Daily HeraldResidents take issue with higher property taxes at county’s Truth in Taxation meeting

MPR NewsForecast: Minnesota has a $1.3 billion budget surplus

Pioneer PressHere’s how Minnesota went from budget deficits to a $1.3 billion surplus in a decade

Marshall Independent: Minnesota budget: $1.3B surplus projected

Wahepton Daily NewsMinnesota predicts a $1.3 billion surplus

Star Tribune$1.3 billion Minnesota surplus estimate sparks new spending debate

Grand Forks HeraldMinnesota officials forecast slow economic growth, warn of uncertainties

KTTC: Billion dollar budget surplus for Minnesota draws different reactions

Hibbing Daily Tribune: $1.3 billion surplus for Minnesota

Knox News Radio: MN budget officials project $1.3 billion surplus (Update)

Economic development

WNAXMinnesota Farm Bureau Focusing On Trade, Ag Labor, Infrastructure And Broadband Issues

Finance & CommerceQ&A: The right launch pad for Minnesota startups

WDRBLabor Unions, Enbridge Sign Project Labor Agreement

Hutchinson LeaderInnovation grants available for startups through Launch Minnesota

Park Rapids EnterpriseIt’s time for a safer energy economy

Rochester Post BulletinSouthern Minnesota Initiative Foundation awards $101,740 in economic impact grants

Labor market

Hutchinson LeaderState’s unemployment rate steady at 3.2 percent

Star TribuneMinnesota lags as sentiment builds against noncompete deals

Economic growth

Duluth News TribuneAfter a bump from tariffs, will steel’s slowdown harm Iron Range?

Duluth News TribuneOur View: Heed mixed biz barometer

WCCOSurvey Suggests Economy Slowing Down In 9 Midwest States

Star TribuneManufacturing slumps in Minnesota and across the country

Finance & CommerceSurvey suggests Midwest economy slowing

Pioneer PressMore people moving into Minnesota improves state economy

Trade

KSTPChina trade war: Missed opportunity for Minnesota pork producers

Star TribuneForever war: US and China struggle to defuse trade conflict

Star TribuneMinnesota exports fall in third quarter

Agriculture

Grand Forks HeraldUND analyst expects local economy to feel effect of 2019 crop losses

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

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