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