Minnesota ended the fiscal year with revenues a bit above prior projections. The national economic picture remains consistent with previous forecasts, according to the July Revenue and Economic Update from Minnesota Management and Budget. Here are our top takeaways.
Tag: economic update
Latest economic report shows Minnesota revenues coming in above forecast
Minnesota’s revenues are up, and the near-term national economic outlook is slightly improved compared to the February forecast, according to… Continue reading Latest economic report shows Minnesota revenues coming in above forecast
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
July economic update shows state revenues on track, mixed national economic picture
The State of Minnesota ended the most recent fiscal year on a positive revenue note. Looking ahead, the national economic… Continue reading July economic update shows state revenues on track, mixed national economic picture
Latest economic report shows state revenues on track with projected large surpluses
Both the state of Minnesota’s revenues and the national economic forecast are slightly improved compared to the February forecast, according… Continue reading Latest economic report shows state revenues on track with projected large surpluses
January economic update affirms state has resources to invest in everyday Minnesotans
The state of Minnesota’s revenue picture continues to improve, and the national economic recovery is expected to be a little… Continue reading January economic update affirms state has resources to invest in everyday Minnesotans
Child poverty declines sharply thanks to federal Child Tax Credit expansion
The improvements that policymakers made to the federal Child Tax Credit (CTC) was one of the contributing factors to a… Continue reading Child poverty declines sharply thanks to federal Child Tax Credit expansion
What are the state budget implications of a potential national recession?
While the state of Minnesota’s revenues have continued to come in better than expected, more serious economic challenges are expected… Continue reading What are the state budget implications of a potential national recession?
State revenues are strong, but national economy is weakening
The state of Minnesota’s revenue picture for FY 2022 remains solid, but the national economic recovery is expected to be… Continue reading State revenues are strong, but national economy is weakening
Minnesota April Economic Update includes first estimates of impact of Russia invasion of Ukraine
The state of Minnesota’s revenue picture to date is still solid, but the national economic recovery is now expected to… Continue reading Minnesota April Economic Update includes first estimates of impact of Russia invasion of Ukraine