Minnesota continues to expect budget surpluses in the short term but a significant shortfall in the future, and the state budget situation has become more challenging, according to the state’s February 2025 Budget and Economic Forecast released on March 6.
Tag: February Forecast
State’s October economic update shows higher revenue collections, stronger near-term economic growth
The latest state economic update contains several pieces of good news. Recent state revenues are stronger than anticipated and Minnesota… Continue reading State’s October economic update shows higher revenue collections, stronger near-term economic growth
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
Minnesota February Budget Forecast shows improvement
Minnesota’s state budget picture improved in the February Budget and Economic Forecast released last week by Minnesota Management and Budget. That… Continue reading Minnesota February Budget Forecast shows improvement
State’s February budget forecast confirms opportunity to make transformational investments
The State of Minnesota is projected to have budget surpluses over the next four years, according to the February 2023… Continue reading State’s February budget forecast confirms opportunity to make transformational investments
New budget forecast continues to show resources available to build an equitable recovery
The State of Minnesota is expected to see unprecedented levels of resources, including a strong boost in the short-term numbers,… Continue reading New budget forecast continues to show resources available to build an equitable recovery
Budget forecast shows welcome news but Minnesota needs resources for an equitable future
The state’s new budget projections give the latest on the continuing impact of the pandemic, and a preliminary sense of the… Continue reading Budget forecast shows welcome news but Minnesota needs resources for an equitable future
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
February forecast brings welcome news, but uncertainty still reigns
Today the state’s Minnesota Management and Budget released the February Budget and Economic Forecast. The February forecast compares what the state would be… Continue reading February forecast brings welcome news, but uncertainty still reigns
February Economic Forecast shows surpluses, but forecasters cite federal uncertainty and need for caution
The state’s Minnesota Management and Budget released the February Budget and Economic Forecast today. Here are our top takeaways: The February forecast… Continue reading February Economic Forecast shows surpluses, but forecasters cite federal uncertainty and need for caution