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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


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


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. 




Upcoming Events

  • Morning in Minnesota Breakfast Series: Winona

    Location: Signatures Restaurant, 22852 County Road 17, Winona, MN 55987

    Please join Center of the American Experiment Friday, March 6 at Signatures for a FREE breakfast with economist John Phelan.

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  • Lunch Forum with Amity Shlaes

    Location: Hyatt Regency Minneapolis 1300 Nicollet Mall Minneapolis, MN 55403

    Buy tickets for March 2nd HERE. About This Event: Enjoy our Early Bird Ticket Special through February 23rd! After this date, ticket price will increase to $30. Doors open at 11:30 AM, program and lunch begin at Noon. In Great Society, the New York Times bestselling author of The Forgotten Man and Coolidgeoffers a stunning revision of our last great period of idealism, the 1960s, with burning relevance for our contemporary challenges. Today, a battle rages in our country. Many Americans are attracted to socialism and economic redistribution while opponents of those ideas argue for purer capitalism. In the 1960s, Americans…

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    Location: Minneapolis Convention Center Ballroom 1301 2nd Ave S Minneapolis, MN 55403

    American President: The Unorthodox Approach to Politics that Changed the World. Sarah Huckabee Sanders served as White House Press Secretary for President Donald J. Trump from 2017 to 2019. A trusted confidant of the President, Sanders advised him on everything from press and communications strategy to personnel and policy. For two and a half years, Sanders was at the President’s side, battling with the media, working with lawmakers and CEOs, and staffing the President on every foreign trip, including dozens of meetings with foreign leaders. Sanders is only the third woman and the first mother to hold the job of…

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