Minnesota’s Economic News — W/E 1/13/22
State and local taxes and spending Minn Post: Will Minnesota taxes from legal marijuana help pay for education, social programs? Probably not U.S. News: Minnesota Governor Still Wants Tax Rebates…
State and local taxes and spending Minn Post: Will Minnesota taxes from legal marijuana help pay for education, social programs? Probably not U.S. News: Minnesota Governor Still Wants Tax Rebates…
When disasters strike, they are usually accompanied by shortages of various necessities. This essentially necessitates that the prices for those goods rise — in most cases higher than normal —…
Recognizing important economic relationships allowed us to see inflation coming back in 2021. Today, they strongly suggest a sharp slowing of inflation ahead.
It's not just Golden Girls or Grumpy Old Men who are fleeing the state. In fact, we've seen a net loss of residents across these age groups over the last…
If the federal government decides to pursue anti-agriculture policies in the name of fighting climate change (like those of the Netherlands), it is...
State and local taxes and spending Duluth News Tribune: State Senator’s View: With so many challenges, now is the time to invest in one another Grand Forks Herald: Surplus, Social…
Among the DFL’s priorities to move Minnesota forward in the upcoming legislative session is the idea to increase funding for early care and learning. Specifically, the DFL wants to: Help…
2022 was a tough year for parents trying to find baby formula. But after months of parents facing empty shelves, Congress waived tariffs, which can be as high as 17.5%,…
The Minnesota DFL, now holding a trifecta in state government, released their legislative priorities yesterday: These are aspirations, ends rather than means. We should ask, 1) Is there a problem?…
Just before Christmas, I noted that, on net, 19,400 Minnesotans left our state for other states in 2022, the largest exodus in at least 30 years. Where are they going?…
As Tim Walz is sworn in for his second term as governor he will find himself at the helm of an economy in relatively poor shape. In our report “The Cost of…
State and local taxes and spending Faribault Daily News: We need targeted tax relief Pioneer Press: Real World Economics: Property taxes are simple, and complex Park Rapids Enterprise: Nevis school…
Customer service at the post office has always had a bad rap. Yet at least citizens could look forward to and rely on their cards, letters and packages being in…
State and local taxes and spending MPR News: Cities, counties head back to Capitol, sales tax wish lists in hand Minneapolis/St. Paul Business Journal: Minnesota’s corporate tax rate limiting economic…
Minnesota’s economy shrank in the first two quarters of 2022. Data released by the Bureau of Economic Analysis today show that, in the third quarter, our state’s economy grew again,…
The Star Tribune reports on new Minnesota population estimates released by the U.S. Census Bureau this month. The Bureau reports that in the 12 months ending June 2022, the state…
A year ago yesterday, I wrote that: New Census Bureau population data show that Minnesota’s population grew by just 225 people in 2021. One particularly alarming aspect of this was a loss of…
We at the Center have long noted the relative expense of housing in Minnesota. And as I wrote earlier this year: A price is not a problem so much as…
Regular readers will know that Minnesota’s economic performance is — and has been for some time — below average. One of the headwinds our state faces is its high taxes,…
State and local taxes and spending MPR News: Minnesotans to avoid inflation-driven tax sting with huge bracket tweak Duluth News Tribune: Paid family and medical leave may have its chance…
It is quite concerning that this has to be said so many times, but there is nowhere in the world where rent control has produced positive results. Rent control has…
These are some of the headlines in Minnesota’s media: KNSI: Walz Says Minnesota Added Jobs For 14th Straight Month Pioneer Press: Minnesota sees 14th straight month of job growth; 6,800 jobs added…
Americans are concerned about housing affordability, which shouldn’t be too surprising considering rising home prices. According to the Cato Institute 2022 Housing Affordability National Survey, a whopping 87% of Americans…
Hard data suggests not. The news that the state’s largest hotel, the downtown Minneapolis Hilton, would be sold at auction next month renewed a debate on the health of the…