Minnesota’s Economic News — W/E 11/25/22
State and local taxes and spending
Duluth News Tribune: Local View: Parks question doomed by Duluth’s dependence on property taxes
Alexandria Echo Press: Property values take big jump in Douglas County
The Center Square: Minnesota’s limited restrictions on abortion could lead to increased taxes
Labor market
Wahepton Daily News: Minnesota records largest job growth in nation
Minneapolis/St/ Paul Business Journal: Minnesota unemployment rate still historically low in October as layoffs loom elsewhere
Red Lake Nation News: Minnesota’s October Was Strongest Monthly Job Growth of 2022
KSTP: DEED: October had strongest job growth of year
KIMT 3: Minnesota jobs report for Oct. shows highest growth so far in 2022
WJON: DEED: Minnesota Added Over 17K Jobs in October
Star Tribune: This Minnesota city has the lowest unemployment rate for any metro in U.S.
KRWC: Minnesota Jobless Rate Continues at Historic Lows
Economic development
Financial Post: Cliffs CEO: Minnesota mine will close without mineral rights
MPR News: Cliffs CEO: Without mineral rights, Iron Range taconite hub could shut down
Minn Post: Outdoor recreation boosts Minnesota’s economy
Finance & Commerce: Greater MN faces housing crunch, barriers to development
Economic growth
Twin Cities Business: Kashkari: To Remain Competitive, Minnesota Needs More People
Star Tribune: More Minnesota manufacturers think a recession will hit next year
Minneapolis/St. Paul Business Journal: Plymouth-based manufacturer Turck plans to lay off 100-plus workers
CBS News: How a railroad strike could hurt Minnesota farmers – and everyone else
KEYC: Minnesota’s exports reach all-time high
Red River Farm Network: MN 3Q Exports Surge Past $7 Billion
WJON: MN exporters set record
Star Tribune: Minnesota exports rose to an all-time high this fall
Finance & Commerce: Minnesota exports hit all-time high of $7.3B in 3rd quarter
KROC: Minnesota set export record in 3rd quarter
