Minnesota’s Economic News — W/E 11/19/21

State and local taxes and spending

Pioneer Press: Adopt tax policies that attract people to Minnesota, not repel them

Minn Post: Spending Minnesota’s share of the infrastructure bill is likely to be a lot less partisan than passing it

Mankato Free Press: North Mankato’s proposed ’22 tax levy up 2%

Bemidji Pioneer: Bemidji’s city-owned liquor store profits are a difference-maker for local projects

KROC: Minnesotans Paid More in Taxes Than Expected Again in October

West Central Tribune: Kandiyohi County extends local option sales tax for road projects

WCCO: Minneapolis Residents Shocked As Some Saw Property Tax Estimates Rise 20% Or Higher

Axios: Property taxes for Minnesota communities to increase by 4.5% in 2022

Economic growth

Yahoo News: Minnesota’s manufacturers continue to feel the impact of COVID-19 pandemic, according to survey

Star Tribune: Businesses show signs of pullback and caution in most recent Minneapolis Fed survey

Star Tribune: Minnesota manufacturing is looking up despite supply chain concerns


KNSI: Governor and Local Business Leaders Head to Europe on Trade Mission

Labor market

Minn Post: The worker shortage is affecting every corner of the state. But it’s hitting Greater Minnesota especially hard

Pioneer Press: Minnesota unemployment rate drops to 3.5 percent; wage and job growth continues

Star Tribune: Minnesota’s unemployment rate drops to 3.5%, matching where it was in March 2020

Twin Cities Business: Minnesota Unemployment Rate Hits Pre-Pandemic Levels

MPR News: Minnesota unemployment rate ticks down to 3.5 percent

Mankato Free Press: Local job numbers up 2.2%; unemployment rate at pre-pandemic level

Grand Forks Herald: Minnesota unemployment rate drops to pre-pandemic levels