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Minnesota’s economic news, w/e 3/20/20

Economic growth

Rochester Post BulletinMinnesota businesses brace for uncertainty amid coronavirus outbreak

WCCOCoronavirus In Minnesota: Gas Prices Fall Amid COVID-19 Fears

WCCOCoronavirus In Minnesota: Food Shelves Prepping For Steep Demand, Drop In Volunteers

WCCOCoronavirus In Minnesota: Gov. Walz Says U.S. Recession Now Expected, Will Stress MN’s Economy

Rochester Post Bulletin: ‘We need to stop congregating,’ Walz says, calling for closure of Minnesota bars, restaurants

Kare 11As businesses shutter in MN, devastating economic impact could follow

St. Cloud TimesSt. Cloud Chamber works to aid hospitality businesses amid coronavirus

Kare 11Renters, landlords seek relief during coronavirus economic tailspin

MPR NewsCoronavirus’ economic impact will be felt widely, but unevenly

Duluth News TribuneDuluth-area officials urge support for charities, small businesses facing economic uncertainty

WCCOCoronavirus In Minnesota: Neel Kashkari Speaks On Economic Uncertainty

Star TribuneMinnesota’s hospitality industry is in danger of collapse

Winona Daily NewsSurvey suggests virus outbreak to slow the economy

State and local taxes and spending

Chaska HeraldCommentary: Tax relief and other priorities

Alexandria Echo PressBracing for economic downturn, pandemic, Walz recommends modest supplemental budget

Duluth News TribuneCoronavirus brings Minnesota Capitol to a halt, spurs new priorities

Star TribuneCan Minnesota afford to end its tax on Social Security?

Twin Cities BusinessMinnesota Braces for Largest Unemployment Benefit Payout in State History

The Center SquareMinnesota drivers pay 28.6 cents per gallon in state gas taxes

Star TribuneMinnesota Chamber of Commerce asks for tax concessions

International Falls Journal: Minnesota Chamber President sends letter to lawmakers

Kare 11State eases rules for unemployment benefits

Labor market

Star TribuneMinnesota’s job growth in 2019 was slowest since recession

Minn Post: COVID-19, sick leave and unemployment insurance in Minnesota: What workers need to know

Grand Rapids Herald Review: MN unemployment dips to 3.2%

MPR NewsWorkers affected by coronavirus can apply for unemployment

Star TribuneUnemployment requests spike as Minnesota businesses close for COVID-19

Twin Cities Business: For Freelancers, Questions Linger About Unemployment Benefits

Star TribuneRapid economic shutdown shocks self-employed, independent Minnesota workers

KTTC: Unemployment spikes as COVID-19 impacts Minnesota economy

Agriculture

Kenosha News: MN Department of Ag Assistant Commissioner wants to hear concerns

Economic development

The Ely EchoEly Echo Editorial: Anti-mining study’s sky is falling conclusions cater to fear, speculation

Duluth News TribuneOpportunity zones bring development dollars, new hope to disadvantaged Duluth neighborhoods

Faribault Daily NewsNew TIF report highlights economic development success

Trade

Grand Rapids Herald Review: Minnesota exports fell 2% in 2019

Regulation

Star TribuneMinnesota Republicans question governor’s coronavirus orders

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

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