Minnesota’s Economic News – W/E 7/16/21
State and local taxes and spending
Star Tribune: St. Cloud will use federal relief to offset lost revenue
KNSI: Minnesota to Finish Fiscal Year 2021 Stronger Than Expected
Pioneer Press: Minnesota ends fiscal year with $2.7 billion more than projected
KPVI: Minnesota reports $26.5 billion in general fund receipts
St. Cloud Times: Budget breakdown: Why was the state historic tax credit renewed for 1 year? What does it do?
Owatonna People’s Press: Still rolling in it: Latest report show Minn. tax revenues continuing to surpass projections
Labor market
Star Tribune: Minnesota to phase out unequal pay jobs for people with disabilities
Southernminn.com: This is the Outlook for the Unemployed in Minnesota
Pine Journal: Minnesota unemployment rate flat at 4% over the month
WCCO: Unemployment In Minnesota Remained At 4% In June; Job Losses Recorded For 1st Time This Year
Minn Post: Minnesota lost 600 jobs in June
Mankato Free Press: Mankato area job numbers grew 5.6% in June year over year
Pioneer Press: Minnesota lost 600 jobs in June, first decline since 2020
Economic development
Star Tribune: Minnesota, we have a problem
KIMT 3: SE Minnesota getting $300,000 to assist disadvantaged small business owners
Economic growth
Grand Forks Herald: According to new survey, businesses in Minnesota expect continued economic recovery over the next year