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Minnesota’s Economic News – W/E 1/15/21
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A round-up of the last week’s economic news stories in Minnesota....
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Covid-19 restrictions greatly impacted bars and restaurants in the third quarter
in Economy
New survey results indicate businesses in the hospitality industry faced a massive decline in revenue and customer traffic due to Covid-19 restrictions in the fall. Bars and restaurants were the most heavily affected....
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Minnesota’s high level of tax burden
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The reality is that on average Minnesotan's shoulder a higher tax burden compared to other states....
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How Americans moved in 2020
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According to the Annual National Migration Study, in 2020, Americans migrated to states that had, among other things, more favorable tax environments. Minnesota, on the net, lost residents to other states. ...
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Six Minnesota craft breweries ask state government to #FREETHEGROWLER
in Economy
Surviving the Covid-19 pandemic is hard enough without bad laws making it harder. ...
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In-person K-12 learning is essential to a well functioning economy
Apart from preparing children for their future, k-12 education also frees parents to do paid work. School closures, in addition to harming children, have disrupted this central role of schools in the economy. ...
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Covid-19 shutdowns are crippling Minnesota’s labor market
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Government Covid-19 shutdowns and unemployment payments which are increased and extended for an indefinite period will keep unemployment at elevated levels. ...
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Mickey’s Diner Among Bars and Restaurants Seeking Donations to Survive Shutdowns
in Economy
Mickey's Diner is one of the most recognizable places to get a bite to eat in Minnesota. But for how much longer? Now Mickey's has become perhaps the most high profile Twin Cities restaurant turning to fans for online donations to survive with a GoFundMe page....
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Minnesota’s Economic News – W/E 1/8/21
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A round-up of the last week’s economic news stories in Minnesota....
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Minnesota’s 2021 minimum wage hike: bad policy coinciding with very bad timing
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Raising the minimum wage is generally bad public policy, but current events make the 2021 minimum wage hike an especially bigger burden on Minnesota`s small businesses....
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