Minnesota’s economic news, w/e 8/23/19

State and local taxes and spending

Forest Lake Times: Highlights from the state budget deal

MPR News: Court defeat could cost Minnesota treasury $100 million

The Neighbor: By the numbers: Minnesota ranks 18th highest on state and local sales taxes

Star Tribune: Loss in court slices millions from Minnesota state budget

Minneapolis/St. Paul Business Journal: Court decision on trusts law could cost Minnesota more than $100 million

Pioneer Press: Tax ruling will cost Minnesota tens of millions in revenue

River Towns: Editorial: Tax reciprocity should come back

WCCO: Loss In Trust Account Tax Case Could Cost Minnesota Millions

The Neighbor: By the numbers: Minnesota ranks 10th highest on beer taxes

KEYC: Loss in trust account tax case could cost Minnesota millions

Labor market

Brainerd Dispatch: Minnesota unemployment increases to 3.4% in July

Knox News Radio: MN Unemployment Rises Slightly

KDAL: Minnesota Unemployment Up In July

KWLM: Minnesota unemployment rate edges up in July

Minn Post: Clean energy jobs are big in Minnesota. But they often go to people from out of state

Rochester Post Bulletin: Workforce summit seeks to forge alliance between rural schools and employers

Faribault Daily News: Jobless rate dips slightly over most of region in July, DEED reports

Minn Post: In a tight labor market, Greater Minnesota businesses think creatively about how to hang on to workers

Redwood Falls Gazette: State unemployment rate increases to 3.4% for July

Agriculture

The Sleepy-Eye Herald Dispatch: U.S. Ag Secretary Sonny Perdue visits southern Minnesota

KMTV: Latest bankers survey indicates shrinking rural economy

Ag Week: Farmer frustration grows with trade war and ag economy

Trade

Brainerd Dispatch: As trade war looms, Walz, other governors chart new trade paths around China

Economic development

Faribault Daily News: Growing the local foods economy

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