Economic Development

State forecasts $1B budget surplus – giving officials some spending flexibility

In another sign of Minnesota’s improving economic health, state officials are forecasting a surplus of $1.037 billion for the next two-year budget cycle. The Office of Management and Budget...

December 04, 2014

Report Details North Dakota Oil Boom’s ‘Downside’

Concerns over environmental impact, lax regulations on display in New York Times feature.

November 24, 2014

Jobs bonanza for Twin Cities as US Bank reveals 3,000 new roles

The Twin Cities is likely to benefit the most from US Bank plans to increase staffing levels by 3,000 in 2015. The Minneapolis-based bank has revealed it will be adding another 3,000 new roles to...

November 22, 2014

Want the American Dream? Then move to the Twin Cities, young professionals told

Are you just out of college and chasing the American Dream? Then you should head to the Twin Cities. That is the verdict of The Atlantic, which has combined house price figures with income data and...

November 20, 2014

Minnesota's unemployment rate falls again, down to 8-year low

Minnesota’s unemployment rate continued its downward trend in October, reaching the lowest jobless rate in the state since June 2006, according to figures released Thursday by the Minnesota...

November 20, 2014

Former US Rep. Bill Frenzel dies at age 86

Former member of the U.S. House of Representatives William “Bill” Frenzel died Monday in that state of Virginia at age 86. Frenzel, a Republican, served eight years in the Minnesota...

November 17, 2014

2014 Person Of The Year: Mayo Clinic President And CEO John Noseworthy

November 14, 2014

Tax collected from Minnesotans $75M more than forecast in October

Minnesota collected almost $75 million more in taxes from citizens than anticipated in October, generating almost $1.7 billion in revenue. The Minnesota Management and Budget Office (MMB) reported...

November 11, 2014

Survey: Will Minnesota's Economy Cool This Winter?

Revenue and hiring remain strong among businesses statewide, but finding talent’s harder than ever, while productivity is slipping, and research and development is flat-lining.

October 27, 2014

Minnesota hits lowest jobless rate in 8 years

Minnesota’s unemployment rate dropped to 4.1 percent in September, the lowest jobless rate in the state in eight years, according to seasonally adjusted figures released Thursday by the...

October 16, 2014

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