Minnesota’s Economic News — W/E 11/18/22

State and local taxes and spending

West Central Tribune: Litchfield school bond referendum fails, but operating levies pass in Hancock, Paynesville

Pioneer Press: Real World Economics: Structural or cyclical in budget debates

KTOE: MN Senate Republicans say they’ll hold incoming majority to tax-cut promise

Economic growth

Kare 11: Twin Cities survey indicates a big jump in holiday spending; here’s why

Star Tribune: Counterpoint: Smart logging helps both forests and economy grow

WJON: Minnesota ranks high in new prosperity index

The Center Square: Minnesota Reports Significant Increase in Stress as Inflation Reaches 40-Year High

Crookston Times: Report: Minnesota Continues to Rank Third in Prosperity Despite Pandemic and Economic Challenges

Economic development

The Globe: Walz announces $20 million-plus boost for economic development in Greater Minnesota

Kare 11: Over $20 million in grants headed to 34 Minnesota communities

KTTC: Gov. Walz announces over $20M for economic development in Minnesota

KNSI: Grant Funding Slow to Fund Struggling Main Streets in Minnesota

Bring Me the News: Greater MN communities awarded over $20 million in economic development grants

Knox Radio: 34 greater MN cities, counties get $21M for economic development

KTOE: Walz Announces Over $20 Million For Economic Development in Greater Minnesota

Twin Cities Business: State of Minnesota Launches $34.5M Venture Capital Program

Labor market

Star Tribune: Despite buzz about layoffs, many Minnesota firms are still eager to hire

Twin Cities Business: Minnesota Unemployment Rate Inched up to 2.1% In October

Pioneer Press: Minnesota added 17,000 more jobs in October, the 13th straight month of gains

KAAL TV: Minnesota gained 17K jobs in October; strongest monthly job growth of 2022

Star Tribune: Minnesota added 17,400 jobs in October, most in 2022

Lakeland Broadcasting: October unemployment numbers are out…slight rise in October