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Minnesota’s Economic News — W/E 3/6/26

State and local taxes and spending

Star Tribune: Minnesota’s looming budget deficit now is a surplus but uncertainty remains

Minnesota Reformer: Minnesota’s budget outlook improves

CBS News: Minnesota’s latest economic forecast shows improvement, warning signs

Minn Post: A forecast full of uncertainty. What to make the of the state’s economic outlook in the age of Trump 

Fox 9: Minnesota budget forecast shows ‘improved’ budget outlook

MPR News: Minnesota’s economic outlook improves with $3.7 billion near-term surplus, though uncertainty looms

Kare 11: Minnesota budget forecast: New projected balance shows $1.3B increase

KSTP: Minnesota 2026 budget forecast shows a $1.3 billion higher projection than in November

KNSI: Minnesota’s Budget Surplus Climbs to $3.7 Billion in February Forecast, Long Term Deficit Remains

Bring Me the News: Minnesota’s budget fortunes appear to improve, with a surplus now projected

MPR News: Improved economic forecast boosts chances for spending, tax cut proposals in Minnesota Legislature

Star Tribune: Ramstad: Does it matter if your rich neighbor moved out of Minnesota?

Fox 9: Minnesota Senate Republicans unveil tax relief bills

WCCO: State Senate Republicans outlining priorities for bringing tax relief to Minnesotans

Fox 9: Minnesota GOP: ‘Taxes are too high,’ proposes cuts

St. Cloud Times: Minnesota’s $3.7B budget surplus faces federal funding threats

KTTC: MN Republicans propose tax changes as state deals with new budget outlook

Fox 9: Minnesota GOP: ‘Taxes are too high,’ proposes cuts

Duluth News Tribune: Minnesota Senate Republicans release tax relief proposals

KFGO: Minnesota Senate Republicans outlining priorities for tax relief

Alpha News: Senate GOP unveils legislation to cap property taxes, require public approval for large increases

Star Tribune: Twin Cities suburbs are tallying Operation Metro Surge costs and asking for help

CBS News: Some DFL lawmakers want federal agents in Minnesota during ICE surge to pay state taxes

MPR News: Politics Friday: Tax debate picks up at Capitol as lawmakers discuss state-federal mismatches

Economic growth

Bring Me the News: Report indicates Minnesotans lost $106M in wages during Operation Metro Surge

Minnesota Reformer: Measuring the economic damage of Minnesota’s ICE surge is hard

MPR News: Fed report highlights economic effects of ICE surge as businesses struggle to replace workers at home

Star Tribune: Minneapolis Fed reports widespread economic impact from ICE action

Labor market

KTTC: Rochester MSA Employment Breakdown

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