Accounting for Growth
Minnesota’s high employment level slows its per capita GDP growth rate
Yesterday, I looked at why Gross Domestic Product (GDP) per capita growth in Minnesota has ranked 38th out of 50 states since 2014. Using the framework and data from our recent report “Accounting for Growth: Measuring the sources of per capita…
Since 2014, GDP per capita growth in Minnesota has…
Last week, I noted that “n every single year since 2014, Minnesota’s economy has grown more slowly,…
Accounting for Growth: Human capital and experience
Yesterday, I wrote about Minnesota’s performance on the raw labor components of human capital; the…
Is Minnesota at the limit of employment growth?
Yesterday, I wrote that “Per capita economic growth comes from three sources,” one of which is…
Per capita GDP growth is what matters, and Minnesota…
The recent film “A Precarious State” has drawn a number of responses, a recurring theme of which is…
Per capita GDP growth is what matters, and Minnesota fares poorly
The recent film “A Precarious State” has drawn a number of responses, a recurring theme of which is that Minnesota’s problem is its slow growing economy resulting from its slow growing population. This misses the crucial point that what matters for…
Physical capital per worker, 2024
In our report “The State of Minnesota’s Economy: 2020: A focus on economic growth,” we wrote that:…
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