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Economics

Central Minnesota Economic and Business Conditions Report

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2018

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Central Minnesota Economic And Business Conditions Report Fourth Quarter 2017, King Banaian, Richard A. Macdonald Apr 2018

Central Minnesota Economic And Business Conditions Report Fourth Quarter 2017, King Banaian, Richard A. Macdonald

Central Minnesota Economic and Business Conditions Report

The Central Minnesota planning area is expected to experience continued economic growth over the next several months according to predictions of the Central Minnesota Index of Leading Economic Indicators (LEI). The leading index rose by 3.32 points in the most recent period, with three components producing positive readings. Increased St. Cloud area residential building permits contributed to this quarter’s rising LEI. In addition, an uptick in national durable goods orders and lower regional initial jobless claims also helped drive the index higher.

There were 1,331 new business filings with the Office of the Minnesota Secretary of State in Central Minnesota …


Central Minnesota Economic And Business Conditions Report First Quarter 2018, King Banaian, Richard A. Macdonald Mar 2018

Central Minnesota Economic And Business Conditions Report First Quarter 2018, King Banaian, Richard A. Macdonald

Central Minnesota Economic and Business Conditions Report

The Central Minnesota planning area is expected to experience steady economic growth over the next several months according to predictions of the Central Minnesota Index of Leading Economic Indicators (LEI). The leading index rose by 0.94 points in the most recent period, with four components producing positive readings. Decreased St. Cloud area residential building permits are the only component to weigh on this quarter’s leading index. An uptick in national durable goods orders, lower regional initial jobless claims, an increase in the Minnesota Business Conditions Index, and an improvement in new filings of incorporation all helped drive the index higher. …


Central Minnesota Economic And Business Conditions Report Third Quarter 2017, King Banaian, Richard A. Macdonald Jan 2018

Central Minnesota Economic And Business Conditions Report Third Quarter 2017, King Banaian, Richard A. Macdonald

Central Minnesota Economic and Business Conditions Report

The pace of economic growth in the Central Minnesota planning area is expected to slow over the next several months according to predictions of the Central Minnesota Index of Leading Economic Indicators (LEI). The leading index fell by 3.28 points in the most recent period, with two components producing negative readings. A decline in a general measure of statewide business conditions and a recent slowing of St. Cloud area residential building permits contributed to this quarter’s decline in the LEI. On the positive side were an uptick in national durable goods orders, lower regional initial jobless claims, and increased new …