Minnesota’s Economic News – W/E 11/27/20

Economic growth

Bring Me the NewsMN hospitality industry demands relief ahead of 4-week shutdown

Business NorthMinnesota Chamber releases business trends report

Fox 9What Minnesota’s 4-week pause means for bars and restaurants

Fox 9DEED: Minnesota’s four-week pause will cause ‘suffering’ for some businesses

High Plains JournalMid-America index soars to 16-year high; almost 8 of 10 manufacturers reported worker shortages

Economic development

Bemidji PioneerLaunch Minnesota program shows promise regionally and statewide

Duluth News TribuneReader’s View: Northern Minnesota ‘beyond ready’ for Line 3

Star TribuneStart-ups key to Minnesota post-virus economic recovery

The Center SquareU.S. Army Corp of Engineers grants Enbridge final permit for Line 3

Financial PostEnbridge Line 3 clears important hurdle as U.S. Army Corps awards federal permit

Labor market

Red Lake Nation NewsMinnesota’s Unemployment Rate Falls to 4.6% in October

KTOEMinnesota’s unemployment rate drops

Hometown FocusMinnesota’s unemployment rate falls to 4.6 percent in October

KEYCMinnesota’s unemployment rate drops to 4.6%

KTOEState officials say MN ready for expected jump in unemployment claims

St. Peter HeraldMinnesota’s unemployment rate falls to 4.6% in October

Twin Cities BusinessA Mixed Bag: Minnesota’s October Jobs Report

Fillmore County JournalMinnesota’s unemployment rate falls to 4.6% in October Drop due entirely to labor force participation declines; job growth continues with 13,200 payroll jobs added

State and local taxes and spending

Star TribuneMillions in ‘sin taxes’ flowing into Minnesota’s coffers during COVID-19 pandemic

Mankato Free Press: Our View: State must offer business aid

Star TribuneAs COVID surges, many businesses are struggling to survive

Albert Lea TribuneMinnesota’s next budget forecast coming Dec. 3

Mankato Free Press: Towns facing increased costs across state

KAALTVWalz to announce legislative package for COVID-19 relief

International Falls JournalLocal property tax levies get hearings

Kare 11Gov. Walz, House Republicans unveil separate COVID-19 relief packages

Star TribuneGov. Tim Walz, lawmakers aim for pandemic relief for businesses

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