Dire Warning Issued By MN Business About Local Economy
As national chains struggle, a small pizza shop shares a heartfelt call for local support. The impact of those dollars goes deeper than you might think.
Economy
Minnesota Budget Short-Term Surplus Grows, Deficit Looms
The report lists numerous risks to the state budget, including uncertainty about federal funding.
Minnesota January Tax Revenue Beats Forecast by Nearly 17%
Most of the excess revenues were from income tax payments.
Job Growth Slows, but Rochester Still No. 1 in Minnesota
The local job growth rate still far outpaced the rest of the state and its other largest cities.
Minnesota Tax Collections Beat Forecast at End of 2025
The report also predicts a mixed bag of economic trends will negatively impact state finances in the coming months and years.
Rochester Job Growth Hits 6.1%, Best in Minnesota
The job growth rate for the entire state was 1.3%.
Minnesota November Tax Collections $35 Million Over Forecast
Sales tax revenues were slightly lower than predicted.
State of Minnesota Reports $941 Million Budget Boost
Minnesota ended its last fiscal year with nearly $1 billion more than predicted in its general fund account.
Rochester Remains Minnesota’s Job Growth Hub
The state jobs report for August continues to highlight Rochester's job growth.
Minnesota Tax Revenues Exceed Forecast by 4.2% in August
Higher than expected income tax payments accounted for most of the increase.