Minnesota’s Economic News — W/E 2/7/25

Economic growth

KRFO: Young People Are Leaving Minnesota By The Tens Of Thousands

Pine Journal: Richest 1% of Minnesota families own nearly one third of the wealth, data report says

Rochester Post Bulletin: Our View: Deportations will have noticeable economic impact

Star Tribune: How Trump tariffs could affect Minnesota consumers and companies

WCCO: Tariff threats reveal Minnesota’s reliance on imports from Canada

Minn Post: Minnesota would be hard hit by Trump trade war with Canada and Mexico

Kare 11: Minnesota businesses and consumers avoid Canadian tariffs, for now

Twin Cities Business: What a Trade War with Canada and Mexico Could Mean for Minnesota

Bring Me the News: How President Trump’s tariffs on products from Canada could impact Minnesotans

Detroit Lakes Online: Editorial: Minnesotans will be hurt by trade war with Canada

State and local taxes and spending

Star Tribune: Sales tax reform: a good but elusive gubernatorial goal

Alexandria Echo Press: House GOP assembles ‘Make Minnesota Affordable’ package

NFIB: NFIB Minnesota member’s op-ed urges lawmakers to make the small business deduction permanent

Duluth News Tribune: Statewide View: Vikings fans can blame state taxes, too, for their misery

WCCO: School supplies would be exempt from sales tax under Minnesota Senate proposal

Labor market

Federal Reserve Bank of Minneapolis: Labor shortage strains Ninth District employers, and it might get tougher

Finance & Commerce: Minnesota businesses among those protesting Trump’s immigration policies

Business North: The gig is up

Agriculture

MPR News: Minnesota Farm Bureau president on tariffs, Trump agriculture secretary pick

Regulation

Minnesota Daily: Minneapolis minimum wage small, large businesses paying the same