January’s Economic Update brought us good short-term news: revenues are up, and the economy is growing at a good pace for now. However, with slower economic growth and potential for a recession on the horizon, policymakers should prioritize a strong budget reserve to be able to meet Minnesotans’ needs in future tough times.
Tag: economic update
Minnesota’s November budget forecast offers some near-term good news, while pointing to the need for sustained revenues for investments
Minnesota’s budget reserve is strengthened and the state’s budget outlook gives us short-term good news, according to today’s release of the November Budget and Economic Forecast by Minnesota Management and Budget.
Minnesota’s October Economic Update shows good news for revenues, but the future’s not all roses
The recently released October Revenue and Economic Update gave us some improved news about the state’s economic and budget landscape. The quarterly… Continue reading Minnesota’s October Economic Update shows good news for revenues, but the future’s not all roses
Minnesota’s July Economic Update shows higher revenues, economic growth for now
The recently released July Revenue and Economic Update gave us somewhat good news about the state’s economic and budget landscape.
Minnesota’s April Economic Update shows small improvements
The recently released April Revenue and Economic Update gave us good news about the state’s economic and budget landscape. The quarterly report… Continue reading Minnesota’s April Economic Update shows small improvements
Federal shutdown is over – but harm hit home
The partial federal government shutdown that began on December 22, 2018, and concluded on January 25 of this year was… Continue reading Federal shutdown is over – but harm hit home
Minnesota’s February budget forecast reinforces the need for resources to fund the investments Minnesotans count on
Policymakers’ primary task in the upcoming legislative session will be to set a budget for the FY 2020-21 biennium, and… Continue reading Minnesota’s February budget forecast reinforces the need for resources to fund the investments Minnesotans count on
Minnesota’s January Economic Update shows reason for caution
The recently released January Revenue and Economic Update gave us unsettling news about the state’s economic and budget landscape. The quarterly report from… Continue reading Minnesota’s January Economic Update shows reason for caution
Investments in healthy people, healthy communities at stake this session with fate of provider tax
Funding for affordable health care for one million Minnesotans is at risk in the 2019 Legislative Session because the health care… Continue reading Investments in healthy people, healthy communities at stake this session with fate of provider tax
Minnesota’s November budget forecast shows good news for right now, but the future’s looking iffy
Today’s forecasted surplus gives policymakers an opportunity to build toward shared prosperity that reaches Minnesotans across the state, whether in… Continue reading Minnesota’s November budget forecast shows good news for right now, but the future’s looking iffy