Minnesota’s Economic News — W/E 9/15/23

Economic growth

Minn Post: To create growth and equity, empower entrepreneurs in historically disinvested neighborhoods

Star Tribune: Minnesota household income continues to decline, putting more families in need

Axios: Inflation wiped out income gains for Minnesotans during the pandemic

Star Tribune: Inflation rises again, and Twin Cities residents are feeling the pinch

Sun Current: Column: Tech jobs and educational opportunities are essential tools to build a thriving, modern economy in Minnesota

Kare 11: MN household income fell again in ’22; food shelves aren’t surprised

MPR News: New U.S. Census data shows inflation squashed 2021 income gains

State and local taxes and spending

Pioneer Press: St. Paul home values are going up (a bit). Residential property taxes could fall by hundreds of dollars. Here’s why.

Kittson County Enterprise: Small cities benefit from legislative funding increases

KIMT 3: Credit agencies again give Olmsted County their highest rating

Minn Post: Inaccurate pandemic-era revenue forecasting might now be in Minnesota’s rearview mirror

WDIO: St. Louis County considering property tax levy hike, but your portion could be lower

Duluth News Tribune: St. Louis County sets 2.93% max preliminary levy increase

Star Tribune: St. Louis County board unanimously approves 2.93% maximum tax levy increase

Pioneer Press: Washington County board OKs 2024 tax levy limit. Levy to increase, but tax rate will fall

Pine and Lakes Echo Journal: Preliminary tax levy of $2.55 million approved in Pequot Lakes

Duluth News Tribune: In a 6-2 vote, Detroit Lakes City Council approves 11.22% preliminary tax levy

Labor market

Minnesota Reformer: This labor market just won’t quit: 5 charts on Minnesota’s labor economy

Rochester Post Bulletin: No workers are more loyal than Rochester employees, study says