Minnesota’s Economic News – W/E 7/3/20

State and local taxes and spending

Winona PostHow will county spend millions in CARES Act funds?

Austin Daily Herald: DEED grant would put $10K in the pockets of small business

WCCOGov. Walz Unveils Plan For Distributing $853M In CARES Act Money Throughout State

Economic growth

Minneapolis/St. Paul Business JournalTwin Cities metro construction starts are down 37% … and falling

Kare 11Honeywell to close Coon Rapids plant

Star TribuneDespite aid, Minnesota small businesses brace for bleak times

Star TribuneMinneapolis Fed finds small businesses take deepest cuts to sales from pandemic shutdowns

Winona Daily NewsMidwest Economy: June state-by-state glance

Finance & CommerceBusiness leaders say Midwest economy improving

Star Tribune: Minnesota’s export-heavy manufacturing sector sees slower bounceback than the nation’s


KSTPNew minimum wage increases go into effect in Minneapolis

John Phelan is an economist at the Center of the American Experiment.