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Minnesota’s economic news, w/e 6/19/20

State and local taxes and spending

Alexandria Echo PressAn Echo Press Editorial: County ranks high for small businesses

WCCOMN House Approves Grants For Businesses Impacted By COVID-19

Monticello TimesCoalition: Special session must not adjourn until Legislature passes a bonding bill

Grand Forks HeraldLaunch Minnesota awards more than $250,000 to 10 businesses

KSTPWalz approves over $60 million in recovery for businesses impacted by COVID-19

Pioneer PressMN Gov. Tim Walz presses lawmakers to pass bonding bill

Grand Rapids Herald ReviewLegislature must pass a bonding bill

KSTP‘The time to invest is now’: Walz proposes $2.2B bonding bill as part of special session priority to build a stronger, more equitable economy

KTTC: Gov. Walz talks bonding bill for needed infrastructure projects in special session

Morrison County RecordBipartisan bill provides $62 million for small Minnesota businesses impacted by COVID-19

MPR NewsWalz pushes again for public works bill

Economic growth

Elk River Star NewsElk River Chamber to Gov. Walz: Enough is enough

Bring Me the NewsAmid calls for full economic reopening, Walz says ‘the virus is holding them back’

Star TribuneMinnesota banks increasing reserves amid COVID downturn

Star TribuneCosts of COVID-19 downturn are uneven for Minnesota’s public companies

WCCO‘Expectations Of Safety’ Are Greatest Obstacles In Economy’s Road To Recovery, Prof Says

Mankato Free PressOur View: Reopening Be cautious with push for business as usual

MPR NewsComing up: Minnesota restaurants reopen with limits but economy is still hurting

St. Cloud TimesQuarterly Business Report: COVID-19 shock slams local economy

Minneapolis/St. Paul Business JournalExclusive survey: Twin Cities business leaders want gradual re-opening of the economy

Economic development

Fairmont SentinelEconomic development effort: Herneses aiding disabled

International Falls Journal2019 report: VNP visitors add $19 million to local economy

Regulation

Minn PostSpecial session gives lawmakers second shot at eliminating Minnesota’s ‘ban the box’ loophole

Labor market

The Bemidji PioneerBeltrami County unemployment rate highest since 2011

WCCOTarget Boosting Starting Minimum Wage To $15 An Hour For Team Members

Finance & Commerce: Minnesota adds 7,100 construction jobs in May

MPR NewsMay unemployment at 9.9% while pandemic-related job losses stabilize slightly in MN

Lincoln Journal StarMinnesota unemployment hit record 9.9 percent in May

Twin Cities BusinessMinnesota Unemployment Rate Hits 9.9 Percent

Wahepton Daily NewsMinn. unemployment rate reaches 9.9 percent in May

Agriculture

WCCOWCCO Fluence Forum- The Struggles of Minnesota’s Agriculture Economy

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

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