Minnesota’s Economic News — W/E 7/18/25
State and local taxes and spending
Star Tribune: Minneapolis City Council votes to study how to tax the rich
Star Tribune: St. Paul schools to pitch $37 million tax increase to voters
Rochester Post Bulletin: What would happen if an Elon Musk-type took a chainsaw to Minnesota’s budget? Here’s a scenario
Economic growth
Minnesota Reformer: Think tank: Minnesota’s falling fertility rate spells trouble for budgets, economy
Business North: Data centers face power concerns, new regulations
Minn Post: Minnesota needs immigrants to propel population growth. How will federal policy affect that?
Star Tribune: Minnesota loses manufacturing jobs as Trump’s trade war persists
Agriculture
MPR News: Minnesota farmers report lowest net income in 20 years in 2024, things looking up this season
Trade
Minnesota Reformer: Builders beginning to feel cost of Trump’s taxes on imports
Labor market
Mankato Free Press: Minnesota job market, labor force remain consistent in June