Minnesota’s Economic News — W/E 4/4/25
State and local taxes and spending
Minn Post: Walz sales tax proposal hits consumers, while sparing business-to-business transactions
Duluth News Tribune: Local View: Paying the tax piper doesn’t always jibe with our values
Star Tribune: Ramstad: Legislators should focus on existing spending, not the next small budget increase
Mankato Free Press: Lawmakers strategize after recent forecast projects deficit
Pioneer Press: Will Minnesota lawmakers raise taxes this session?
Minnesota Reformer: Minnesota Senate Democrats propose budget cuts amid bleak financial outlook
Star Tribune: Minnesota Senate DFLers propose up to $2.5B in spending cuts, pullbacks on some inflation-related spending
KAAL TV: Minnesota state leaders announce budget targets
Star Tribune: New sales taxes raised $677 million in 2024. Where did the money go?
Mankato Free Press: Minnesota House leaders propose deeper spending cuts than Walz, Senate
Twin Cities Business: Walz Sales Tax Proposal Hits Consumers But Spares B2B Transactions
Minnesota Reformer: Minnesota House budget targets include slowing spending on human services
KDHL: How Does Minnesota’s Tax Burden Stack Up Against Other States?
Pioneer Press: With shortfalls on horizon, Minnesota budget targets feature big cuts
Minnesota Reformer: Minnesota Senate Democrats propose new tax on social media companies
MPR News: Social media platforms could be in for a popularity tax in Minnesota
Star Tribune: Gov. Tim Walz tells state agencies with federal funding to ‘assume it’s going to be cut’
Trade
Star Tribune: Iron Range layoffs show human cost, long-term implications of arbitrary tariffs
Mankato Free Press: Tariff uncertainty roils area farmers, agribusiness
Kare 11: How will sweeping tariffs impact you and Minnesota’s economy?
Star Tribune: Trump’s new tariffs place even more stress on Minnesota farm economy
Star Tribune: Trump tariffs are bad economics and bad politics
Economic development
Star Tribune: Minnesota communities hope bonding bill will address infrastructure needs
RFD TV: How important is rural infrastructure to our overall economy?
Labor market
KROC: Rochester’s Job Market Booms While Other Cities Lag
KRWC: MN Unemployment Rate Holds Steady in February
Economic growth
Minnesota Reformer: Update: Minnesotans are more prosperous than our lower taxed neighbor states
Twin Cities Business: Snow Business or No Business
Kare 11: How sweeping tariffs may impact Minnesota’s small businesses to its largest corporations
Minneapolis/St. Paul Business Journal: The HQ Economy, five years later