To know what is going on in Minnesota it is sometimes as useful to look at what our state’s media doesn’t say as at what it does say. Number of…
Entrepreneurship is the engine of growth in the economy. New businesses are not only responsible for creating the majority of new jobs, but they also have an outsized impact on…
Over the last couple of weeks, I’ve written about how Minnesota and its neighbors have very different economic policies but very similar employment outcomes and how they do have similarly…
Last week, I noted that Minnesota and its neighbors have very different economic policies but very similar employment outcomes. This holds over time. As Figure 1 shows, Minnesota and its…
Center of the American Experiment has produced regular reports on Minnesota’s economy since 2016 and these have often included a chart showing the employment ratio (the share of the civilian…
In a recent tweet, Gov. Walz references CNBC's notorious “America’s Top States for Business” rankings, where, in 2023, Minnesota did, indeed, beat Texas. But...
This morning, the Bureau of Labor Statistics (BLS) released its numbers for inflation in November. They showed inflation rising from October’s rate of 0.0% to a 0.1% increase in the Consumer Price Index (CPI).…
For a few months now, a common theme in the local media is that the inflation rate in the Twin Cities is lower than in comparable metropolitan areas. In October,…
Minnesota’s media is cock-a-hoop over the latest jobs numbers: WCCO: Minnesota reached record 3 million jobs in October Star Tribune: More than 3 million Minnesotans worked in October, the highest total ever…
The Bureau of Labor Statistics (BLS) released its numbers for inflation in October today and they showed inflation slowing from September’s rate of 0.4% to 0.0%, or no change in the Consumer…
According to data from the Bureau of Labor Statistics (BLS), in 2022, about 44 percent of all workers aged 25 and over had a bachelor’s degree or higher. But in…
The Bureau of Labor Statistics (BLS) released its numbers for inflation in September today: The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4 percent in September on a seasonally adjusted…
Minnesota’s media will often celebrate data showing that the state has added a particular number of jobs over a given month. What they are less likely to report is that…
Most of the consequences of any action are unintended consequences. Hiking the minimum wage, for example, is intended to raise the wages of workers, but other — unintended — consequences…
After the Bureau of Labor Statistics (BLS) published its latest inflation numbers, one thing was noticeably picked up by both local and national media. This is the fact that BLS…
When CNBC announced recently that they had ranked Minnesota fifth on their annual “America’s Top States for Business” ranking, the state’s media went wild. No less excited were our state’s political leaders,…
I’ve struck a pessimistic note about Minnesota’s economy this week. I’ve noted that Minnesota’s economy — even in per capita terms — has grown more slowly than the United States’ economy generally in…
Minnesota’s media is always on the lookout for good news stories about the state, which might explain the coverage given to our ranking of 5th in CNBC’s annual “America’s Top…
Minneapolis votes to restrict heavy industries, inevitably hurting those they’re claiming to help.
Last week I wrote about how, faced with declining college enrollments after decades of above-inflation increases in college tuition fees, colleges ought to be cutting their fees. I also wrote…
In November, I looked at where inflation might be headed and suggested that “The answer is ‘down,’ and perhaps reasonably sharply.” Looking at it again in January, I saw “a…
Yesterday, I wrote about the Chamber of Commerce’s new 2023 state of business retention and expansion in Minnesota report which identified “Minnesota’s high state tax rates and lack of available workers…
Recently, I wrote about the Chamber of Commerce’s new 2023 state of business retention and expansion in Minnesota report. Its key finding was that businesses were reluctant to expand in Minnesota.…
On Tuesday, June 6, 2023, the Biden administration’s Army Corp of Engineers revoked the Clean Water Act Section 404 permit issued in 2019 for the proposed NorthMet/NewRange copper-nickel mine in…