Minnesota’s Economic News — W/E 6/5/26
State and local taxes and spending
Mankato Free Press: A gas tax holiday is good politics but bad economics
Bloomberg Tax: Minnesota Conforms to Federal OBBBA With Exceptions
KROC: Rochester Sales Tax and DMC Funding Requested For UMR Project
Duluth News Tribune: Small businesses to see relief with revival of pass-through tax election
Pioneer Press: MN lawmakers cut tab fees for 2027. How much will drivers save?
Star Tribune: Minneapolis police overtime is dragging down the entire city budget
KSTP: Minnesota volunteer firefighter shortage could raise your taxes
Duluth News Tribune: Overheard: ‘Businesses growing in Duluth … lowers property taxes for everyone’
MPR News: Minnesota lawmakers reject all local sales tax requests, leaving local projects in limbo
Agriculture
KFGO: Minnesota led U.S. in 2026 Q1 farm bankruptcies
Minnesota Reformer: Farm Bill should protect Minnesota farmers, not change the rules to advantage Big Ag
MinneapoliMedia: Minnesota Leads Nation in Farm Bankruptcies as Economic Pressures Intensify Across Agricultural Sector
Star Tribune: Counterpoint: Minnesota’s agricultural diversity is a strength, not a weakness
Economic growth
Minnesota Reformer: Study: Operation Metro Surge cost Minnesota an estimated 4,600 hospitality jobs in 3 months
Twin Cities Business: Report: ICE Surge Likely Cost Minnesota 4,600 Hospitality Jobs, $71M in Wages
Star Tribune: Enterprise Minnesota CEO’s road trip revealed pain points for state’s factories
WJON: Rising Food Prices Expected In Minnesota Within 90 Days
Bring Me the News: New study claims Operation Metro Surge cost 4,600 hospitality jobs, $71M in lost wages
Labor market
KSTP: Teens face tougher summer job market this year
MPR News: Analysis: More than 4,000 leisure, hospitality jobs lost during first three months of 2026
Mankato Free Press: Competitive summer job market for teens
Economic development
Faribault Daily News: Workforce development: The workforce challenge has changed