Minnesota’s Economic News – W/E 1/8/21
State and local taxes and spending
KIMT 3: Recovering financially on a federal and local level in 2021
Brainerd Dispatch: Tax break available for beginning farmers in Minnesota
KDHL: MDA’s Rural Finance Authority Tax Breaks For Beginning Farmers
Fillmore County Journal: Grant will help Minnesotans affected by the opioid crisis return to and stay in the workforce
Wadena Pioneer Journal: Legislators prepare for budget discussions
Ag Week: Tax break available for MN beginning farmers
Minneapolis/St. Paul Business Journal: Minnesota legislator wants to reverse state’s rule on taxing PPP loans
Brainerd Dispatch: Cass County Board: Over $572K available from new COVID-19 Relief Grant
Economic growth
Duluth News Tribune: Year-Ahead series, Day 7: Business / Regional resiliency will boost our economic recovery
Duluth News Tribune: Year-Ahead series, Day 8: Help from D.C. / More assistance on the way in 2021
KROC: Respected Report Still Finds Strong Optimism About MN Economy
Star Tribune: Minnesota factories continue recovery but pace of growth slowing
Star Tribune: 2021 looks to be slow for construction firms in U.S. and Minnesota
Labor market
KROC: Minnesota’s Minimum Wage Has Gone Up – Barely
Fillmore County Journal: Minnesota’s unemployment rate falls to 4.4% in November
KVRR: Minnesota minimum wage increase could pose risks for businesses
KTOE: House Democrats still pushing for minimum wage increase
John Phelan is an economist at the Center of the American Experiment.