Minnesota’s Economic News — W/E 7/4/25

Economic growth

Kanabec County Times: Healthcare sector experiencing significant growth

The Ely Echo: Ely Echo Editorial: Keep an eye on the numbers, Ely’s tourism economy far from booming

Star Tribune: Minnesota financial technology surges as more customers buy now, pay later

Minneapolis/St. Paul Business Journal: Minnesota CEO-to-employee pay ratio lower than national average, but still 180 to 1

State and local taxes and spending

KROC: Minnesota Budget: May Revenues Outpace Forecast by 1.1%

Brownfield Ag News: Minnesota State Cattlemen’s Association encouraged by proposed tax provisions

Star Tribune: Opinion: Big Beautiful Bill’s AI regulation moratorium would imperil Minnesota workers and consumers

Duluth News Tribune: Reader’s View: We can both protect environment, grow economy

MPR News: Marijuana business owner says customers stocked up ahead of cannabis tax increase

Star Tribune: Trump’s federal spending bill could force Minnesota counties to raise property taxes

WCCO: Trump’s “big, beautiful bill” could leave estimated $1.6B hole in Minnesota budget, state officials say

KSTP: Minnesota counties expect Medicaid, SNAP changes could result in tax increase

MPR News: Minnesota counties worry about cost shifts from Trump’s big bill

Star Tribune: How will Trump’s big bill affect Minnesota?

Star Tribune: Trump administration withholds school funding, spelling uncertainty for Minnesota budgets

Labor market

KRWC: Local Unemployment Drops in May

Regulation

Kare 11: St. Paul raises minimum wage for small and micro businesses

WCCO: St. Paul increases minimum wage, causing some small businesses to reevaluate

Economic growth

WJON: Is A U.S. Recession Imminent? An Economist’s Perspective