Minnesota’s Economic News – W/E 10/30/20
A round-up of the last week’s economic news stories in Minnesota.
A round-up of the last week’s economic news stories in Minnesota.
According to a report released in early October by the Congressional Budget Office, taxes have fallen the most for the households in the lowest quintile between 1979 and 2017. Additionally,…
According to the Bureau of Economic Analysis, GDP in the third quarter grew at an annual rate of 33.1%, as businesses continued efforts to reopen. What this new data shows,…
Due to increased vacancies, landlords are offering lower rents and other pricing incentives. This should show Minnesota policymakers that to sustainably address the affordable housing crisis, efforts should center around…
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Tax systems designed to advance 'fairness', i.e. highly progressive tax codes that tax high-income earners and corporations heavily, are harmful not only because they disperse high costs on individuals paying…
A new campaign launched by the Minnesota Department of Employment and Economic Development (DEED) helps connect Minnesota job seekers with Minnesota businesses that are hiring right now for quality jobs.
Restaurant closings have piled up since the lockdown, and a Minneapolis Fed Survey suggests as much as 52% of restaurants could close if current restrictions remain in place for the…
Joe Juranitch, aka Ragnar, was the Vikings number one booster on the sidelines for years. But these days he cheers on the way the Trump business tax cuts have played…
This is bad news for Minnesota.
A round-up of the last week’s economic news stories in Minnesota.
An innovative apprenticeship program aimed at "moving the needle" on workforce development challenges in manufacturing has had great success preparing young people for skilled careers and helping older workers improve…
Despite an ailing travel industry, the MAC has decided to raise the minimum wage for airport workers to $15. But not to worry yet, the MAC has plans to help…
A new report, after taking into account the Covid-19 crisis, estimates that raising the federal minimum wage to $15 by 2027 wage could result in the loss of 2 million…
North Dakota is benefiting from its economic policies. We hope that Minnesota will take note.
A round-up of the last week’s economic news stories in Minnesota.
According to the Minnesota Department of Employment and Economic Development (DEED), unemployment fell from 7.4% in August to 6% in September. However, that decline has been mainly driven by people…
According to a new study by two Havard Economists, the coronavirus will cost the US $16 trillion and half of this cost is due to the covid-19 induced recession. The…
In our new report, we look at how state's economic policies impact their economic outcomes by focusing on border counties.
The World Health Organization, albeit a little late, has recently come out as a strong critic of lockdowns citing heavy economic damage among already disadvantaged populations.
The Center's Great Jobs Without a Four-Year Degree project is hosting two 90-minute sessions on October 13 and October 14 from 9:00am-10:30am CST that will focus on strategies to enhance…
We cannot expect the economy to return to normal while restrictions remain.
For some restaurants, winter may mean closing down temporarily if they cannot return to 100% indoor dining capacity. It is time these restrictions are repealed.
Businesses in Minneapolis are right to fear that growing lawlessness will kill their business. No individual or business thrives in an environment where they feel unsafe. If this trend continues,…