Minnesota’s economic news, w/e 6/19/20
State and local taxes and spending
Alexandria Echo Press: An Echo Press Editorial: County ranks high for small businesses
WCCO: MN House Approves Grants For Businesses Impacted By COVID-19
Monticello Times: Coalition: Special session must not adjourn until Legislature passes a bonding bill
Grand Forks Herald: Launch Minnesota awards more than $250,000 to 10 businesses
KSTP: Walz approves over $60 million in recovery for businesses impacted by COVID-19
Pioneer Press: MN Gov. Tim Walz presses lawmakers to pass bonding bill
Grand Rapids Herald Review: Legislature must pass a bonding bill
KTTC: Gov. Walz talks bonding bill for needed infrastructure projects in special session
Morrison County Record: Bipartisan bill provides $62 million for small Minnesota businesses impacted by COVID-19
MPR News: Walz pushes again for public works bill
Economic growth
Elk River Star News: Elk River Chamber to Gov. Walz: Enough is enough
Bring Me the News: Amid calls for full economic reopening, Walz says ‘the virus is holding them back’
Star Tribune: Minnesota banks increasing reserves amid COVID downturn
Star Tribune: Costs of COVID-19 downturn are uneven for Minnesota’s public companies
WCCO: ‘Expectations Of Safety’ Are Greatest Obstacles In Economy’s Road To Recovery, Prof Says
Mankato Free Press: Our View: Reopening Be cautious with push for business as usual
MPR News: Coming up: Minnesota restaurants reopen with limits but economy is still hurting
St. Cloud Times: Quarterly Business Report: COVID-19 shock slams local economy
Minneapolis/St. Paul Business Journal: Exclusive survey: Twin Cities business leaders want gradual re-opening of the economy
Economic development
Fairmont Sentinel: Economic development effort: Herneses aiding disabled
International Falls Journal: 2019 report: VNP visitors add $19 million to local economy
Regulation
Minn Post: Special session gives lawmakers second shot at eliminating Minnesota’s ‘ban the box’ loophole
Labor market
The Bemidji Pioneer: Beltrami County unemployment rate highest since 2011
WCCO: Target Boosting Starting Minimum Wage To $15 An Hour For Team Members
Finance & Commerce: Minnesota adds 7,100 construction jobs in May
MPR News: May unemployment at 9.9% while pandemic-related job losses stabilize slightly in MN
Lincoln Journal Star: Minnesota unemployment hit record 9.9 percent in May
Twin Cities Business: Minnesota Unemployment Rate Hits 9.9 Percent
Wahepton Daily News: Minn. unemployment rate reaches 9.9 percent in May
Agriculture
WCCO: WCCO Fluence Forum- The Struggles of Minnesota’s Agriculture Economy