Minnesota’s Economic News – W/E 7/23/21
Labor market
Pioneer Press: Minnesota lost 600 jobs in June, first decline since 2020
Grand Rapids Herald Review: DEED: Minnesota’s unemployment rate holding steady
Fillmore County Journal: Minnesota’s unemployment rate holds steady at 4% Jobs picture evolving; employment growth outpaces U.S. over the year
Star Tribune: St. Cloud sees job gains but still 4,500 short of pre-pandemic levels
Economic growth
Minnesota Reformer: Where the economy goes from here
WCCO: Minnesota’s Worst Drought In Decade To Likely Impact Produce, Gas Prices
Economic development
Grand Forks Herald: Minnesota to launch Main Street Economic Revitalization Program in early August
Agriculture
Star Tribune: In rural Minnesota, ‘nothing but upside’ as farmland values near record highs
State and local taxes and spending
Brainerd Dispatch: Other View: Minnesota should invest its budget surplus in Greater Minnesota for a healthier state
Star Tribune: State to give $80M to communities hit by unrest, COVID
CNBC: Some states now offer certain business owners a workaround for cap on state and local tax deduction
Trade
Duluth News Tribune: Free-trade deals have failed Minnesota, the nation
Grand Forks Herald: North Dakota, Minnesota governors frustrated over continued border closure