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St. Cloud Area Quarterly Business Report, Vol. 23, No. 4, King Banaian, Richard A. Macdonald Dec 2021

St. Cloud Area Quarterly Business Report, Vol. 23, No. 4, King Banaian, Richard A. Macdonald

St. Cloud Area Quarterly Business Report

The economic recovery from the unrelenting COVID shock continues in the St. Cloud area as firms report an optimistic future outlook and employment grows. However, underlying this optimism are increases in wages, prices, capital expenditures, and worker shortages that may prove unsustainable in a post-COVID economy. Strong future optimism by surveyed firms is restrained by the reality that monetary and fiscal stimulus is abating perhaps faster than the pandemic.

Data released by the Minnesota Department of Employment and Economic Development (DEED) indicate St. Cloud area employment increased 2% over the twelve months ending October 2021, but still 4,493 (4%) below …


St. Cloud Area Quarterly Business Report, Vol. 23, No. 3, King Banaian, Richard A. Macdonald Sep 2021

St. Cloud Area Quarterly Business Report, Vol. 23, No. 3, King Banaian, Richard A. Macdonald

St. Cloud Area Quarterly Business Report

St. Cloud area economic recovery has begun as year-over-year regional employment has grown and surveyed local firms project strong business activity. While the pandemic appears to have created scars in the local economy that plague some of our local service sectors, many area firms continue to report challenges that are typically associated with rapid expansion—labor shortages, price increases, accelerating wage growth, etc. Data released by the Minnesota Department of Employment and Economic Development (DEED) indicate St. Cloud area employment increased 4.3 percent over the twelve months ending July 2021. However, employment in the Stearns-Benton Metropolitan Statistical Area (MSA) is still …


St. Cloud Area Quarterly Business Report, Vol. 23, No. 2, King Banaian, Richard Macdonald Jun 2021

St. Cloud Area Quarterly Business Report, Vol. 23, No. 2, King Banaian, Richard Macdonald

St. Cloud Area Quarterly Business Report

The St. Cloud area economy is poised to exit recession as a variety of indicators suggest a broad-based recovery is on the horizon. While year-over-year data comparisons are now complicated by the historic decline in economic activity that occurred twelve months ago, there are signs that the pace of local economic activity continues to improve for many area firms. The pandemic has created scars in the local economy that will likely persist for months and years to come, but many area firms now seem to be experiencing challenges that are typically associated with rapid expansion—labor shortages, price increases, accelerating wage …


St. Cloud Metro Area Visitor Profile & Economic Impact Final Report Summer 2019-Winter 2020, Kristy Modrow, Brigid Tuck, Pengyu Qian, Hungchih Yu, Andrea Haataja Apr 2021

St. Cloud Metro Area Visitor Profile & Economic Impact Final Report Summer 2019-Winter 2020, Kristy Modrow, Brigid Tuck, Pengyu Qian, Hungchih Yu, Andrea Haataja

St. Cloud Metro Area Visitor Profile Study

This report is a summation of results from fall summer 2019, fall 2019, and winter 2020 St. Cloud Metro Area Visitor Profile Surveys.

In 2019, the St. Cloud City Hall, St. Cloud Area Convention and Visitor Bureau, and Retired and Senior Volunteer Program (RSVP) contracted with St. Cloud State University School of Public Affairs, Geography & Planning Department, and the Hospitality and Tourism Program to conduct a visitor profile survey from summer 2019 to spring 2020. Spring 2020 area events and airport travel were suspended due to COVID-19, thus concluding the study. Therefore, the fourth seasonal report could not be …


St. Cloud Area Quarterly Business Report, Vol. 23, No. 1, King Banaian, Richard Macdonald Mar 2021

St. Cloud Area Quarterly Business Report, Vol. 23, No. 1, King Banaian, Richard Macdonald

St. Cloud Area Quarterly Business Report

Revised data released by the Minnesota Department of Employment and Economic Development (DEED) indicate St. Cloud area employment declined 6.5 percent over the twelve months ending January 2021. Area employment was 7,097 lower than one year earlier as the local recession continues into its second year. The pandemic has adversely affected nearly all local sectors—only the local construction center has experienced job growth over the past year. Ninety percent of the impact was felt in approximately one-half of area employment. For example, employment in the local leisure & hospitality sector was one-third lower over the past twelve months and the …


School Of Public Affairs 2020 Annual Report, Danae Swanson Feb 2021

School Of Public Affairs 2020 Annual Report, Danae Swanson

School of Public Affairs Annual Reports

The School of Public Affairs’ annual report presents a magazine-style look back at the school’s year. Contents include the stories and accomplishments of current students, alumni, faculty, and other community partnerships. It also celebrates the generous giving of donors. A limited amount of print copies are produced and mailed to constituents. Support and collaboration of the annual report is regularly given by University Communications, the St. Cloud State University Foundation, St. Cloud State University Alumni Relations, University Archives, and the Departments of Criminal Justice, Economics, Geography & Planning, and Political Science.

Note: The School of Public Affairs annual report evolved …