Across America, some 40% of the top-selling baby formula products were out of stock as of late April. The Twin Cities of Minneapolis and St. Paul are especially hard hit:…
Earlier this year, MinnPost reported that since the passage of rent control, housing permits in St. Paul were down considerably compared to Minneapolis. According to the US Department of Housing…
Two weeks ago, I wrote about how Minnesotans’ per capita Personal Incomes were falling in real terms. The Bureau of Economic Analysis (BEA) released data today for the first quarter…
On Thursday, June 22, the Minnesota Department of Employment and Economic Development (DEED) announced that Minnesota’s unemployment was at yet another historic low. According to DEED, Minnesota’s unemployment rate dropped…
On Wednesday, the Federal Reserve announced that it is raising interest rates in an effort to curb inflation. The Fed will hike rates by 75 basis points — or 0.75…
Labor market WJON: Many Companies Turning to Teenagers to Fill Open Positions Star Tribune: Minnesotans with disabilities feel left behind amid workforce shortage Kare 11: More than 214,000 jobs open…
Writing about the April inflation figures last month, I noted that “gas prices have been ticking up again recently… and this will be reflected in next month’s CPI numbers.” That…
If you need more convincing of the economic fact that high and rising housing prices are a result of demand outpacing supply, take a look at what is happening in…
Louis D. Johnston, a Professor of Economics at College of Saint Benedict | Saint John’s University, wrote a column for MinnPost back in December titled: ‘An overlooked piece of good…
Why has the market for baby formula in the United States collapsed owing to the closure of one factory? It is, in part, because just four major companies — Abbott…
There has been a lot of focus on Minnesota’s historically low unemployment rate. As of April 2022, the BLS reported that Minnesota’s unemployment rate stood at 2.2 percent. Certainly, this…
Recent releases of official data have shown that in 2021, Minnesota’s population grew by just 225 people. Our state lost 13,453 residents to other states, its biggest net loss of…
State and local taxes and spending Rochester Post Bulletin: It was the largest proposed tax cut in Minnesota’s history. And it didn’t get done Bemidji Now: Coalition of greater Minnesota…
Last week I wrote about a DFL proposal to fight the shortage of baby formula in Minnesota with a law banning ‘price gouging’. This proposal stems from the idea that…
Inflation is at near 40-year highs and a recent poll found that “a quarter of respondents blamed President Biden directly for inflation.” Not surprisingly, with midterms coming up in November,…
In 2021 Minnesota’s population grew by just 225 people, losing 13,453 residents to other states. This was Minnesota’s biggest net loss of domestic migrants to other states in at least 30…
State and local taxes and spending The Center Square: Big problems, little time for Minnesota lawmakers cobbling budget MPR News: Scant time left for lawmakers as they grasp for session…
The rent control ordinance passed in St. Paul last November has been a disaster. One of the strictest rent control measures in the United States, it capped annual rent increases at 3%…
Regulation has far-reaching consequences on our everyday lives. From rent control and minimum wage laws to occupational licensing, research is brimming with evidence showing how all of these policies have…
On Sunday, Gov. Tim Walz signed a bill to reform Minnesota’s liquor laws. Nicknamed the “Free the Growler” bill, the measure raises the annual cap on craft beer production from…
I appeared on King Banian’s show on Business 1440 KYCR last week to discuss baby formula shortage. The Twin Cities is one of the worst affected metros, with an out-of-stock…
Last week, Forbes reported: The Walton heirs have lost a staggering $33.7 billion in the last two days as shares of their family’s retailing giant, Walmart, continue to be pummeled.…
State and local taxes and spending KEYC: Agency error means richest Minnesotans owe more in taxes Star Tribune: State error means wealthy Minnesotans owe more taxes KELO: Minnesota’s costly mistake…
It saved a congressional seat, but what does it say about the accuracy of the state’s statistics? The U.S. Census Bureau recently published a survey on the accuracy of the…