The Minnesota State Fair has operated at a loss before, but leaders say this time is much different. Here’s why the cost of admission is going up this year.
Business + Economy
Minnesota's macroeconomic consultant warns that the state's November forecast was based on a prediction for the national economy that was too optimistic.
The formerly Iowa-based company has had an executive office in Minnesota since 2016.
How much bigger? According to Minnesota Management and Budget, the surplus started off at $8.98 billion before some of the money was spent thanks to a series of financial triggers set off when the state brings in excess revenue.
Plenty of Minnesotans are ready to pony up for an Italian luxury sports car—if the brand deems them worthy.
The company is paying $31.6 million in 2021 bonuses, but employees must be vaccinated to get future payments.
The state’s unemployment rate hit 3.3 percent, down from “pre-pandemic” levels recorded in October.
The cybersecurity firm says it is “well into the process” of preparing for an initial public offering.
Air filter seller Donaldson hopes the acquisition will help it expand into new life science markets.
In October, the state reported an unemployment rate of 3.5 percent — the same level it was at just before government-mandated shutdowns in March 2020.
Even before Covid-19 decimated the hospitality industry, minimum wage increases appear to have driven a drop in restaurant jobs in both Minneapolis and St. Paul, according to new studies by the Minneapolis Fed.
A new economic development website and marketing campaign fuel state’s effort to draw more startups and growing companies.
Company now has more than 600 stores.
State has now recovered 70% of jobs lost in pandemic
Mixed-use project in North Minneapolis includes 520 housing units, production and commercial space and a wellness hub.
Company to gross $702 million from downsized offering
Retail leasing in the neighborhood has been sparse within recent months.
The founder and CEO of St. Paul's Center for Economic Inclusion will be honored for her work to build inclusive regional economies.