Minnesota’s Economic News – W/E 3/19/21

State and local taxes and spending

Star Tribune: Minnesota Senate passes tax relief on pandemic aid for some businesses, workers

Star Tribune: Hennepin County eyes taxes, borrowing to pay for services for homeless people

Pioneer Press: Minnesota Senate approves pandemic $470 million tax relief plan

Marshall Independent: Minnesota Senate passes PPP tax conformity legislation

KNSI: MN DEED: State Ready For Financial Recovery

International Falls Journal: DEED: More than $200,000 to 21 Koochiching County businesses

Minn Post: Is Minnesota’s tax system unfair?

Star Tribune: Minnesota Democrats tout $1.9 trillion stimulus package

Pioneer Press: Report finds Minnesota has 7th highest state and local taxes in U.S.

Park Rapids Enterprise: Minnesota Senate GOP calls for keeping state spending ‘closely in check,’ vows to block tax hikes

Pioneer Press: Minnesota Senate Republicans counter Walz budget proposal

WCCO: Minnesota Senate Republicans Offer Their Own Budget Proposal

KTOE: Minnesota Senate Republicans Propose $51B State Budget

The Globe: Hamilton supports business tax relief plan, but bill fails

WCCO: Revised Walz Budget Drops Some Tax Hikes, Makes Some PPP Loans And Unemployment Benefits Tax-Free

Star Tribune: Gov. Tim Walz scales back proposed tax increases, boosts tax relief

Labor market

Star Tribune: Minnesota in January saw bounceback of jobs that it lost in December

Hometown Focus: DEED focuses on getting unemployed ready for in-demand careers

International Falls Journal: State unemployment rate drops; gains nearly all jobs lost in December

Wahepton Daily News: MN unemployment rate falls in January

Economic growth

WCCO: Restaurant owners, workers, and customers all win with rolled back pandemic restrictions

Minneapolis/St. Paul Business Journal: Optimism is returning to construction industry as pandemic disruptions persist

KELO: Minnesota looks to open economy further with Executive Order 21-11

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