Minnesota’s Economic News — W/E 11/11/22
Labor market CBS News: Chaska auto shop sees booming business, but struggles with rising cost of labor Economic growth Star Tribune: Minnesota firms see supply chains healing, but still not…
Labor market CBS News: Chaska auto shop sees booming business, but struggles with rising cost of labor Economic growth Star Tribune: Minnesota firms see supply chains healing, but still not…
Today the Bureau of Labor Statistics (BLS) released data showing that the rate of inflation for October was 0.4%. This was the same as the rate for September; even so…
We have long noted Minnesota’s relatively poor record in nurturing new businesses. Our last report on the state of Minnesota’s economy found that: …in 2020, New and Young Businesses —…
In an article summarizing the economic policies of Tim Walz and Scott Jensen — candidates in tomorrow’s gubernatorial election — Dave Orrick writes for the Pioneer Press: The Federal Reserve…
Even before the pandemic, high-quality affordable childcare was hard to come by. One of the reasons for that was the fact providers could not find qualified workers to take care…
On Friday, the Bureau of Labor Statistics (BLS) released data showing that the United States economy added 261,000 jobs in October. Some, such as Treasury Secretary Janet Yellen, saw this…
Labor market Duluth News Tribune: Local View: Shift to flex work is reshaping Northland employment Star Tribune: Nonprofits launching new incentives to draw hires amid workforce shortage CCX Media: Minnesota…
Last week I submitted an op-ed to two of the state’s major opinion platforms correcting some of the egregiously false statements made recently about Minnesota’s economy. Both declined to run…
Last week I submitted an op-ed to two of the state’s major opinion platforms correcting some of the egregiously false statements made recently about Minnesota’s economy. Both declined to run…
According to the Star Tribune, Minnesota Attorney General Keith Ellison on Thursday filed a lawsuit alleging that Shipt, the grocery delivery business of Target Corp., cheats workers of benefits and rights by…
Americans continue to purchase firearms by the millions, though not at the record-breaking pace of the last two years. NRA Shooting Illustrated has posted this update on where sales stand…
I submitted an op-ed to two of the state’s major opinion platforms last week correcting some of the egregiously false statements made recently about Minnesota’s economy. Both declined to run…
State and local taxes and spending Duluth News Tribune: Our View / Endorsement: Timing terrible to ask for tax increase for parks Star Tribune: GOP’s Scott Jensen proposed ending Minnesota…
According to the Bureau of Economic Analysis (BEA), in the third quarter of this year — July to September — the economy grew at a rate of 2.6 percent compared to…
Yesterday, President Biden said: Each of these is misleading. I should preface this by saying that, to some extent, that depends on what period you are referring to. As Figure…
On October 9, Gov. Walz tweeted “Our small businesses and working families are driving our state’s economic expansion.” But Minnesota’s economy isn’t expanding. Indeed, data released by the Bureau of…
Minnesota is one of the most expensive states for center-based childcare as American Experiment noted in June. In 2019, for example, families spent over $16,000 to send their infant to…
Nowadays, private companies like Zillow produce data which can help inform policymakers as much as data produced by more traditional, mostly government, sources. LinkedIn is an example. The social network…
Counting the economic costs of government policy in the midst of COVID.
Economic growth Finance & Commerce: Twin Cities industrial market going strong, financing concerns grow Albert Lea Tribune: Guest column: Manufacturing growing fast in Minnesota; opportunities are up Crookston Times: Minnesota’s…
The employment figures for September are out and Minnesota’s media has lead with the figure for new jobs created in September, 4,200, the twelfth straight month of job growth: Knox…
DFL Chair Ken Martin tweeted today: He appears to be quoting an article by Robert J. Shapiro in the Washington Monthly which states: Bureau of Economic Analysis (BEA) data tells…
Inflation came in at 0.0% in July, prompting President Biden to tweet: Alas, in August it ticked up to 0.1%, although some of Minnesota’s media still tried to tell you…
Respondents in the latest Thinking Minnesota Poll have traded their normally sunny disposition for feelings of uncertainty and concern about the future of Minnesota and the nation. Minnesotans are particularly…