Minnesota’s Economic News — W/E 3/28/25
State and local taxes and spending
Star Tribune: Gov. Tim Walz proposes additional spending cuts in revised budget plan
KAAL TV: Governor Walz releases revised Minnesota budget
Grand Rapids Herald Review: House hears HF4, A constitutional amendment to return budget surplus to taxpayers
Grand Forks Herald: Gov. Tim Walz’s revised budget proposes $409 million in added cuts over four years
Star Tribune: Gov. Tim Walz proposes additional spending cuts in revised budget plan
KROC: Unemployment Higher Across SE Minnesota in January
KAAL TV: Wild, St. Paul ask taxpayers to split bill on $769M Xcel Energy Center complex renovations
Sun Post: ‘Early Tax Bill’ clears committee
Star Tribune: Key lawmaker says Target Field $55 million sales tax extension should wait until 2026
Star Tribune: Minneapolis’ total property value falls for second consecutive year
Minnesota Reformer: Minnesota lawmakers consider taxpayer bailout for wealthy thoroughbred owners
Pine Journal: Carlton County condemns proposed cut for public lands
KSTP: U of M political expert says chances for taxpayer-supported stadiums in Minnesota are ‘zero to none’
Sun This Week: Hanson bill would give $400 ‘baby bonus’
WCCO: Minnesota’s Medicaid director says program cuts would be “impossible”
Economic growth
KFGO: Nearly 600 Iron Range steelworkers to be laid off
Economic development
Star Tribune: Duluth airport generated more than $200 million in 2024
Pioneer Press: Jason Adkins: Measuring the economic impact of the Catholic Church in Minnesota
Star Tribune: Entrepreneur aims to help Iron Range add value at home
Labor market
Mankato Free Press: Local job numbers down slightly in February year over year
Kare 11: February wage growth in Minnesota outpaces inflation
Red Lake Nation News: Minnesota Jobs, Labor Force Remain Steady in February
Pioneer Press: Minnesota loses a net 700 jobs in February, unemployment steady at 3%