Minnesota’s Economic News — W/E 7/5/24

Economic growth

Star Tribune: Agriculture losses hit Minnesota’s GDP

Star Tribune: Ramstad: Readers say we need ‘reasonable’ growth, more babies and to keep the downtowns connected

Star Tribune: Ramstad: What a re-elected Trump would mean for Minnesota’s economy

State and local taxes and spending

KDHL: Minnesota Took in 16% More Than Expected in Tax Revenues in May 

Axios: Minnesota’s 50 cent “Amazon fee” on delivery orders takes effect July 1

Lakes Area Radio: Minnesota Exceeds Revenue Forecast for May

WCCO: New 50-cent fee on some package deliveries takes effect July 1 in Minnesota

KTTC: Check your carts: New Minnesota ‘delivery fee’ implemented statewide

Minneapolis/St. Paul Business Journal: Minnesota’s ‘Amazon Fee’ on deliveries takes effect July 1

KROC: We’re Now All Paying More for Deliveries in Minnesota 

Minn Post: Minnesota raises $10 million in first year from hemp-derived THC sales, but isn’t the industry bigger than that?

NFIB: Minnesota Retail Delivery Fee Begins July 1

Labor market

KROC: Rochester Area Continued to Lead Minnesota For Job Growth in May 

Rochester Post Bulletin: Southeast Minnesota’s health care industry has regained jobs lost during pandemic, but nurse shortages remain

Hometown Focus: State’s labor force participation rate steady

Regulation

Pioneer Press: St. Paul minimum wage hikes take effect for small and ‘micro’ businesses

KSTP: Minimum wage increases for small businesses in Minneapolis

Pioneer Press: St. Paul minimum wage hikes take effect for small and ‘micro’ businesses

Star Tribune: Uber, Lyft competitors bullish over future in Twin Cities

KIMT 3: Changes to non-compete ban now effective

MPR News: New state law seeks to increase wages, competition for workers