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2016

St. Cloud State University

Northwest Minnesota Economic and Business Conditions Report

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Full-Text Articles in Business

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

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

Northwest Minnesota Economic and Business Conditions Report

The Northwest Minnesota planning area economy is expected to continue to grow at a pace that is somewhat below normal over the next several months according to the predictions of the St. Cloud State University (SCSU) Northwest Minnesota Index of Leading Economic Indicators (LEI). Two of the five components of the leading index were lower in the third quarter, as the LEI fell by 0.81 points. A declining Rural Mainstreet Index (which signals a more challenging macroeconomic environment for rural America) and weaker consumer sentiment helped drive the index lower. Lower initial jobless claims and rising new filings for incorporation …


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

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

Northwest Minnesota Economic and Business Conditions Report

The Northwest Minnesota planning area economy is expected to grow at a slower pace than normal over the next several months according to the predictions of the St. Cloud State University (SCSU) Northwest Minnesota Index of Leading Economic Indicators (LEI). Three of the five components of the leading index were lower in the second quarter, causing the LEI to decrease by 3.66 points. A declining Rural Mainstreet Index (which signals a more challenging macroeconomic environment for rural America), a smaller number of residential building permits in Fargo/Moorhead and Grand Forks/East Grand Forks, and lower new filings for incorporation and LLC …


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

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

Northwest Minnesota Economic and Business Conditions Report

An increased pace of economic activity is expected in Northwest Minnesota over the next several months according to the predictions of the St. Cloud State University (SCSU) Northwest Minnesota Index of Leading Economic Indicators (LEI). While two of the five components of the leading index were lower in the first quarter, the LEI still increased by 5.49 points. A rise in the Rural Mainstreet Index (which signals a less challenging macroeconomic environment for rural America), lower initial jobless claims in the region, and a slight increase in Fargo/Moorhead and Grand Forks/East Grand Forks residential building permits helped drive the index …


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

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

Northwest Minnesota Economic and Business Conditions Report

A steady pace of economic activity is expected in Northwest Minnesota over the next several months according to the predictions of the St. Cloud State University (SCSU) Northwest Minnesota Index of Leading Economic Indicators (LEI). Two of the five components of the leading index were lower in the fourth quarter and the LEI was essentially unchanged at -0.24 points. A fall in the Rural Mainstreet Index (which signals a more challenging macroeconomic environment for rural America) and a rise in initial jobless claims were the two components that helped drag down the LEI. Increased new filings for incorporation and limited …


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

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

Northwest Minnesota Economic and Business Conditions Report

Northwest Minnesota business conditions are expected to soften over the next several months according to the predictions of the St. Cloud State University (SCSU) Northwest Minnesota Index of Leading Economic Indicators (LEI). All five components of the leading index were lower in the third quarter as the LEI retreated by 9.37 points. A more challenging macroeconomic environment for rural America and recent weakness in consumer sentiment were two components that helped drag down the LEI. In addition, rising initial jobless claims during the summer months and a prior decline in new filings for incorporation and limited liability companies (LLCs) weighed …