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Minnesota’s Economic News – W/E 12/25/20

State and local taxes and spending

Morrison County RecordRelief programs beginning to roll out for affected businesses

NRHEG Star EagleCARES Act money mishandled across Southern Minnesota

InforumMinnesota begins COVID-19 unemployment insurance for high school students as jobs fall for the first time since April

Duluth News TribuneHigh school students eligible for Minnesota unemployment insurance

KTTC: Walz to urge student workers to apply for unemployment assistance

Star TribuneExcelsior raises tax levy 13.2% to cover infrastructure updates, other costs

Walker Pilot-Independent: Minnesota income tax brackets, standard deduction and dependent exemption amounts for 2021

Star TribuneAs federal stimulus rolls out, Minnesota businesses learning specifics on state aid

White Bear PressMahtomedi schools budget and levy to increase

Winona PostWinona OKs roundabouts, new budget

Park Rapids EnterprisePark Rapids School levy to increase by 0.14 percent

Economic development

Grand Rapids Herald ReviewLine 3 will pour billions into our state’s economy

Duluth News TribuneReader’s View: Minnesota ready to reap benefits of Line 3

Economic growth

Duluth News TribuneFor travel and tourism industry, pandemic brought both short-term and lasting changes

Minn PostUnemployment benefits pumped an estimated $9.5 billion into Minnesota’s economy in 2020

Labor market

Owatonna People’s PressMinnesota’s unemployment rate falls to 4.4% in November

Trade

Grand Rapids Herald ReviewMinnesota exports down 14% in third quarter due to impacts from COVID-19

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

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