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