Minnesota’s Economic News — W/E 3/21/25
State and local taxes and spending
Minn Post: Minnesota can adopt a commonsense tax solution for the vacant lot predicament in its cities
Kare 11: Paid family and medical leave prepares for 2026 launch in Minnesota, with higher payroll tax
KROC: Minnesota February Tax Collections Were 10% Higher Than Expected
The Ely Echo: Cabins may lose tax exemption
NFIB: Minnesota’s latest budget forecast paints a troubling picture of the state’s financial future
Minn Post: The Minnesota four-year state budget forecast: sandbox designer, ‘truth-teller’
Alexandria Echo Press: Rep. Mary Franson supports returning state’s projected budget surplus directly to taxpayers
Park Rapids Enterprise: A $6-billion deficit Minnesota cannot afford
KFGO: Bill to return budget surplus to Minnesota taxpayers fails
KFGO: Senate Republicans highlights wasteful spending in Minnesota
KIMT 3: Disability Services Facing Budget Cuts in Minnesota, advocates speak out
Star Tribune: ‘Incredibly inequitable’: Schools surrounding Minnesota’s cabin country homes struggle as taxes go to state
Labor market
Star Tribune: Minnesota’s job market is frozen, showing even employers have economic worries
Winona Post: MN posts large gains in jobs, labor force
KROC: Revised Jobs Data Strips Rochester of Much of Last Year’s Growth
Economic development
Star Tribune: Minnesota has a lot of Fortune 500 companies, but where’s the next generation of big ideas?
Star Tribune: Don’t shut the door on data centers in Minnesota
Economic growth
KRWC: Study Finds Ethanol Contributed Over 2 Billion to State Economy ’24
Business North: Airport contributes $1.4 billion to economy