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Minnesota’s economic news, w/e 3/27/20

State and local taxes and spending

WDIOFederal tax deadline extended to July 15, MN to follow

Duluth News TribuneReader’s View: Tax change could harm tourist spots

Star TribuneMinnesota Tax Day pushed back to July 15

Elk River Star NewsState gives additional time to file and pay Minnesota 2019 individual income tax

Duluth News TribuneReader’s View: New tax rate needed for condos, cabins

Fox 9Minnesota tax deadline moved to July 15 per governor’s order

Albert Lea TribuneMore time to file for Minnesota income taxes

KTOEICYMI: Tax Deadline Moved to July 15th

The NeighborMinnesota posts a combined corporate tax rate of 28.7%

The Center SquareTop individual income tax rate in Minnesota is 9.85% in 2020

Duluth News TribuneSt. Louis County debates tax relief for small businesses

Economic growth

City PagesMinnesota bar/restaurant workers prepare for the worst

Star Tribune‘It’s going to be devastating’: Minnesota arts, artists brace for coronavirus fallout

Minn PostHow well is Minnesota state government prepared to weather a COVID-19 recession?

WDIOSurvey suggests virus outbreak to slow the economy

Fox 9Minnesota businesses impacted by COVID-19 can now apply for loans through SBA

KROX: Minnesota DEED to offer Minnesota small business owners emergency loans

Fox 9Gov. Walz issues executive order to create small business emergency loan program

St. Cloud TimesCoronavirus dominates area economic outlook

MPR NewsHow Minnesotans are faring as the pandemic rocks our economy

Wadena Pioneer JournalBusinesses, customers work to ‘keep our little town going’

Pioneer PressImmediate relief available for Minnesota small businesses hurt by coronavirus

Star TribuneMinnesota offers emergency loans to help small business stay afloat

KAALTalking small business loans amid COVID-19 pandemic

Star TribuneMinnesota limits on crowds could last ‘well beyond Easter,’ Gov. Tim Walz says

KSTPMinnesota economist: There is only one way to return to normal quickly

Minn PostShelter-in-place strategy for coronavirus poses constitutional, economic problems

Star TribuneSchafer: Stay home, Minnesota, and wait for the economic payoff to come

Labor market

Pioneer PressUnemployed? Here are some places in Minnesota that are hiring amid COVID-19

Brainerd DispatchMinnesota job losses stoke fears of how people will pay rent, mortgages

KFGOMinnesota unemployment claims hit record

Mankato Free PressUnemployment spikes as COVID-19 bites into Minnesota economy

KSTPAt Issue: March 22 — DEED answers burning employment questions surrounding COVID-19

St. Cloud TimesEmployers and employees alike consider how coronavirus affects job, pay

Finance & CommerceMinnesota had 123,000 jobless claims last week

Twin Cities BusinessMinnesota Unemployment Applications Approach 150K

Agriculture

Star TribuneMinnesota ethanol producer ramping up production of industrial alcohol used in sanitizers

KTOEGreenSeam Launches First Ever Minnesota State of Ag Report

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

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