Earlier this month, Minnesota Management and Budget released the state’s November Budget and Economic Forecast. This forecast is one of… Continue reading Minnesota’s November Budget Forecast is a mixed bag
Tag: budget outlook
Recent information points to stronger state budget picture
As Minnesota policy-watchers get ready for the next legislative session, recent budget reports suggest that Minnesota will likely project a… Continue reading Recent information points to stronger state budget picture
April economic changes bring May budget projections
The novel coronavirus pandemic is having a significant effect on Minnesotans’ physical and mental health of Minnesotans. Unprecedented businesses closures… Continue reading April economic changes bring May budget projections
Positive budget surplus is coupled with caution
Minnesota’s positive budget balance coupled with continued modest economic growth give us short-term good news, however it also gives reasons for caution, with only a small structural balance in the next budget cycle before accounting for inflation and slowing economic growth in the future.