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 DispatchTax break available for beginning farmers in Minnesota

KDHLMDA’s Rural Finance Authority Tax Breaks For Beginning Farmers

Fillmore County JournalGrant will help Minnesotans affected by the opioid crisis return to and stay in the workforce

Wadena Pioneer JournalLegislators prepare for budget discussions

Ag WeekTax break available for MN beginning farmers

Minneapolis/St. Paul Business JournalMinnesota legislator wants to reverse state’s rule on taxing PPP loans

Brainerd DispatchCass 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 TribuneMinnesota factories continue recovery but pace of growth slowing

Star Tribune2021 looks to be slow for construction firms in U.S. and Minnesota

Labor market

KROCMinnesota’s Minimum Wage Has Gone Up – Barely

Fillmore County JournalMinnesota’s unemployment rate falls to 4.4% in November

KVRRMinnesota minimum wage increase could pose risks for businesses

KTOEHouse Democrats still pushing for minimum wage increase

John Phelan is an economist at the Center of the American Experiment.