Minnesota’s Economic News — W/E 2/14/25
State and local taxes and spending
Star Tribune: Big tech will use Minnesota tax breaks for an influx of data centers. Nobody knows how much it will cost
Star Tribune: Lawmakers brace for possible Trump funding cuts in Minnesota, which already gives more than it gets
Minn Post: Minnesota lawmakers look to repeal taxes on illegal drug sales, which no one pays anyway
Minnesota Reformer: Congressional Republicans weighing tax change that would make infrastructure more expensive
Economic growth
Star Tribune: Lake Street businesses see steep sales drops as immigrants stay home amid deportation threat
MPR News: Midwest manufacturers are feeling optimistic about 2025, despite a down year in 2024
Star Tribune: Brown: The wheeling and dealing of American steel
Star Tribune: 3 things to know about the Twin Cities’ 3% inflation
Economic development
The Ely Echo: Mining divide on display: Those for and against share views, look for common ground in Ely forum
Regulation
Star Tribune: Tolkkinen: Lawmakers need to look again at paid time off laws
Star Tribune: Junk fees are gone. Now how should we tip?
Labor market
Fox 9: MN layoffs are trending higher, earlier in the year
Winona Post: MN jobs, labor force grow again in Dec.