Minnesota’s Economic News — W/E 12/10/21
Economic growth Star Tribune: Supply chain trouble takes big bite out of Minnesota’s small food producers Minn Post: Long-term thinking is they key to Minnesota’s economic prosperity KPVI: Minnesota is…
Economic growth Star Tribune: Supply chain trouble takes big bite out of Minnesota’s small food producers Minn Post: Long-term thinking is they key to Minnesota’s economic prosperity KPVI: Minnesota is…
The article below originally appeared at the American Energy Alliance: On November 19, the House of Representatives passed a $2 trillion budget bill with a long list of increases in federal royalties…
Today, the Bureau of Labor Statistics announced that inflation rose by 6.9 percent in the year to November. This is the fastest annual rate of increase since June 1982. You’d…
Minnesota’s record-breaking budget surplus has induced mixed reactions from state leaders. But among those celebrating the surplus as a testament to our growing economy and effective handling of COVID-19 is…
The momentum keeps building among public employee unions opposed to St. Paul Mayor Melvin Carter’s coerced vaccination of nearly 4,000 city employees. Three more St. Paul public employee unions have…
Consumer prices are up 6.8 percent this year, making it the highest rate of inflation since 1982. There are many reasons for the inflation, including a huge expansion of the…
The Bureau of Labor Statistics (BLS) released its inflation numbers for November this morning and they did not make for happy reading over breakfast. The Consumer Price Index (CPI) rose…
Weather forecasts indicate some parts of the state could get six to eight inches of snow between Friday night and Saturday morning, meaning that many Minnesotans will be firing up…
There’s a double whammy hitting Minnesota taxpayers. Gov. Tim Walz and many legislators are dreaming up new ways of burning through a record $7.7 billion state budget surplus, rather than…
At the beginning of his prepared remarks about the budget surplus this week, Gov. Tim Walz referenced a story in the press about past Minnesota governors putting together economic councils,…
On Dec. 7, the Minnesota Management and Budget (MMB) announced that Minnesota is expecting a $7.75 billion surplus for the 2022-2023 biennium. According to MMB, “Strong growth in income, consumer…
Today, the Bureau of Economic Analysis released data for Gross Domestic Product (GDP) for Minnesota’s counties for 2020. We now have this data going back to 2001, so we can…
Leigh Phillips is a Canadian science writer and the author of two books: Austerity Ecology and The People’s Republic of Walmart: How the World’s Biggest Corporations are Laying the Foundation…
The Omicron coronavirus variant is all the rage right now. But evidence indicates that there is very little need for panic, as this variant appears to be less severe than…
Minnesota Management and Budget (MMB) released its new budget forecast today, projecting a $7.746 billion projected surplus for Fiscal Year 2022-23. This is the largest surplus in state history. It…
NASA and the U.S. Department of Energy are seeking to put a nuclear reactor on the moon to generate the energy needed for space exploration. According to a press release…
**UPDATE** The state announced a budget surplus today of $7.7 billion! This represents the largest surplus in state history and is 15% of the state’s two-year budget. It’s a projected…
In early November, residents of St. Paul and Minneapolis chose to approve rent control ballot measures. Unlike Minneapolis, St. Paul’s ballot measure already included a specific proposal that caps annual…
The verdict, as they say, is still out on whether Minnesota has turned the corner on its current crime epidemic. It was announced today that Medaria Arradondo, Minneapolis police chief…
Gas prices are surging across the country, which is apparently causing some heartburn among the Biden administration. This led the Democratic Congressional Campaign Committee to publish the graph below, which…
A leading proponent of the effectiveness of compelling students and staff to wear masks at Edina schools in public meetings for parents has characterized protective masks as “the least effective…
When the COVID-19 pandemic hit Minnesota last year, the virus and the state government’s response to it wrought havoc with our state’s economy. The unemployment rate rocketed from 3.5 percent…
The third draft of the social studies standards is out, and MDE will soon begin the formal rulemaking process that will entrench them in Minnesota’s K-12 classrooms. The bad news…
Last week, I recounted the Biden administration’s shifting stance on inflation, from ‘non-existent’ through ‘good thing’ to ‘conspiracy by evil businesses.’ The pivot away from celebrating inflation as sign of…