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Northeast Minnesota Economic and Business Conditions Report

2016

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Full-Text Articles in Business

Northeast Minnesota Economic And Business Conditions Report - Third Quarter 2016, King Banaian, Richard A. Macdonald Dec 2016

Northeast Minnesota Economic And Business Conditions Report - Third Quarter 2016, King Banaian, Richard A. Macdonald

Northeast Minnesota Economic and Business Conditions Report

A deceleration of economic growth in Northeast Minnesota is expected over the next several months according to the predictions of the Northeast Minnesota Index of Leading Economic Indicators (LEI). Two of the five components of the LEI increased as the overall index fell by 1.36 points in the third quarter. An increase in new filings of incorporation in the Northeast Minnesota planning area and lower initial jobless claims had a positive impact on the LEI, while recent weakness in a general measure of statewide business conditions and a fall in a supply managers’ survey helped drive the index lower. A …


Northeast Minnesota Economic And Business Conditions Report - Second Quarter 2016, King Banaian, Richard A. Macdonald Aug 2016

Northeast Minnesota Economic And Business Conditions Report - Second Quarter 2016, King Banaian, Richard A. Macdonald

Northeast Minnesota Economic and Business Conditions Report

Modest improvement in Northeast Minnesota economic conditions is expected over the next several months according to the predictions of the Northeast Minnesota Index of Leading Economic Indicators (LEI). Two of the five components of the LEI increased as the overall index rose for a second straight quarter. An improvement in a general measure of statewide business conditions and a rise in a supply managers’ survey index had a positive impact on the LEI, while a rise in initial jobless claims earlier in the year dragged down the index. Sluggish new filings for incorporation earlier this year and a decline in …


Northeast Minnesota Economic And Business Conditions Report - First Quarter 2016, King Banaian, Richard A. Macdonald Jun 2016

Northeast Minnesota Economic And Business Conditions Report - First Quarter 2016, King Banaian, Richard A. Macdonald

Northeast Minnesota Economic and Business Conditions Report

Northeast Minnesota economic performance is expected to improve over the next several months according to the predictions of the Northeast Minnesota Index of Leading Economic Indicators (LEI). Four of the five components of the LEI increased in the first quarter as the overall index followed up a negative reading in the fourth quarter with a positive move in the first three months of 2016. A decline in initial jobless claims in the region and a recent increase in filings for new business incorporation contributed favorably to the first quarter LEI. In addition, an improvement in a general measure of state …


Northeast Minnesota Economic And Business Conditions Report - Fourth Quarter 2015, Richard A. Macdonald, King Banaian Mar 2016

Northeast Minnesota Economic And Business Conditions Report - Fourth Quarter 2015, Richard A. Macdonald, King Banaian

Northeast Minnesota Economic and Business Conditions Report

Northeast Minnesota economic performance is expected to weaken over the next several months according to the predictions of the Northeast Minnesota Index of Leading Economic Indicators (LEI). Four of the five components of the LEI decreased in the fourth quarter as the overall index followed up a slight negative reading in the third quarter with a more significant decline in the final three months of 2015. A jump in initial jobless claims in the region and a large decline in filings for new business incorporation weighed on the fourth quarter LEI. In addition, weakness in a general measure of state …


Northeast Minnesota Economic And Business Conditions Report - Third Quarter 2015, Richard A. Macdonald, King Banaian Jan 2016

Northeast Minnesota Economic And Business Conditions Report - Third Quarter 2015, Richard A. Macdonald, King Banaian

Northeast Minnesota Economic and Business Conditions Report

Business conditions in Northeast Minnesota are expected to be steady over the next several months according to the predictions of the Northeast Minnesota Index of Leading Economic Indicators (LEI). While three of the five components of the LEI decreased in this year’s third quarter, the overall index turned only slightly negative following a strong reading three months ago. A decline in initial jobless claims in the region and a large increase in filings for new business incorporation contributed favorably to this quarter’s LEI. Lower residential building permits in the Duluth/Superior area, weakening of a general measure of state business conditions, …