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Minnesota’s economic news, w/e 3/6/20

State and local taxes and spending

WIZMMinnesota’s budget surplus tops $1.5B despite coronavirus

Duluth News TribuneGun bill standoff, dueling pitches for $1.5B surplus spark feuds

WCCOMinnesota’s Projected Budget Surplus Just Got Bigger

Minn PostWhat Minnesota’s $1.5 billion budget surplus means for the rest of the 2020 legislative session

Rochester Post BulletinMinnesota Opinion: Surplus — Be conservative with state budget cushion

Brainerd DispatchReader Opinion: Too many taxes

WCCONew Property Tax Classification Has Some Minnesota Cabin Owners Scrambling

International Falls Journal: Our View: Consider ending tax

Duluth News TribuneOur View: Be honest about budget forecasting

WCCOCoronavirus (COVID-19) Threat Hastens Minnesota House To Pass Paid Family Leave Bill

Economic development

WZFG: New study shows Minnesota’s public airports generate $18.2 billion in annual economic activity

Twin Cities BusinessLaunch Minnesota Awards $450K to Grow Startups

Duluth News TribuneLocal View Column: We PolyMet supporters will not back down

Minn Post: From trading to mines to resorts, the Gunflint Trail has long played a big role in northeastern Minnesota’s economy

Duluth News TribuneLocal View Column: Line 3 opponents undermining their own arguments

Labor market

Star TribuneMinnesota advocates seek to abolish subminimum wages for people with disabilities

KSTPNew state job created to help immigrants and refugees in Minnesota

Marshall IndependentMarshall area job market ‘has its ups and downs’

City PagesReport: Target raised pay but slashed schedules and benefits

Star TribuneWells Fargo’s hourly minimum wage in the Twin Cities will increase to $16

Economic growth

Pioneer PressMinnesota economy ticking steadily ahead, but coronavirus risk looms

Minneapolis/St. Paul Business JournalMinnesota companies close out a bruising week on Wall Street, but not everybody got bloodied

Fairmont SentinelBusinesses need state cooperation

Star TribuneImpact of coronavirus arrives on doorstep of Minnesota companies

WCCOCoronavirus Outbreak Making Mark On Midwest Economy, Report Says

Winona Daily NewsReport says virus outbreak making mark on Midwest economy

Duluth News TribuneNorthland businesses brace for COVID-19

Minn PostMinnesota businesses beginning to feel impact of coronavirus

Agriculture

Mankato Free PressMinnesota farmers demand action from policy makers

AG WeekChina sales need to kick in to settle pork market, MN pork leader says

Rochester Post BulletinEllison, Petersen hear stories from the farm crisis

WNAXMinnesota Soybean Group Monitoring Bills On Taxes, Grain Bin Safety A

Trade

Duluth News TribuneStatewide View Column: Unbalanced trade with China costing Minnesotans jobs

Pioneer PressMinnesota exports fell 2 percent in 2019

Minneapolis/St. Paul Business JournalTrade war torpedoed Minnesota’s exports last year

Twin Cities BusinessMinnesota Exports to China Down 9 Percent in 2019

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

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