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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


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


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

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




Upcoming Events

  • Morning in Minnesota: St. Cloud

    Location: St. Cloud

    Sign up HERE! Courtyard by Marriott St. Cloud 404 West Saint Germain Street St. Cloud, MN, 56301 Please join Center of the American Experiment on Tuesday, July 21 for breakfast with Center policy fellow and education expert Catrin Wigfall as she explains K-12 education in the state and its persistent disparities despite decades of increased spending. Following her presentation, Catrin will lead a Q&A session. 7:30 AM Check In and Breakfast 8:00 AM Presentation 9:00 AM Conclude   Catrin Wigfall is a Policy Fellow at Center of the American Experiment. She is also the director of EducatedTeachersMN and EmployeeFreedomMN. Catrin’s…

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  • Kristi Noem: The Courage to Reject a Shutdown

    Location: Online

    Sign up HERE! Join us Wednesday, July 8th for an interview with South Dakota Governor Kristi Noem over Zoom. In response to COVID-19, Noem defied the norm of a statewide shutdown and let South Dakotans choose for themselves what safety precautions to take. Tune in to this live online event to hear how Governor Noem preserved her state’s economy while still keeping citizens safe. Wednesday, July 8th at Noon CT Sign up HERE!  

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  • Morning in Minnesota: Marshall

    Location: Marshall Golf Club

      Sign up for this event HERE! Please join Center of the American Experiment on Thursday, July 16 at Marshall Golf Club for a breakfast with Center economist, John Phelan, as he discusses Minnesota’s economic future. Following his presentation, John will lead a Q&A session. 7:30 AM Check In and Breakfast 8:00 AM Presentation 9:00 AM Conclude John Phelan is a graduate of Birkbeck College, University of London, where he earned a BSc in Economics, and of the London School of Economics where he earned an MSc. He worked in finance for ten years before becoming a professional economist. He…

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