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St. Cloud Area Quarterly Business Report, Vol. 18, No. 4, King Banaian, Richard A. Macdonald

St. Cloud Area Quarterly Business Report

After a quarter in which local firms’ future outlook weakened considerably, the area economy appears to have rebounded in recent months.

Despite some anecdotal evidence of recent regional layoffs, quantitative and qualitative indicators of local economic performance point to improved future conditions in the St. Cloud area. Even though the St. Cloud area labor force was reported to have declined over the past 12 months, area payroll employment (this is obtained from a different source of data than the labor force measure) grew at a 1.8 percent annual rate.

Construction, retail trade and educational and health sectors once again led …

St. Cloud Area Quarterly Business Report, Vol. 18, No. 3, King Banaian, Richard A. Macdonald

St. Cloud Area Quarterly Business Report

Despite strong employment growth in the St. Cloud area, local firms’ future outlook has weakened considerably in recent months. Employment grew 2.9 percent over the past 12 months, demonstrating the area’s ability to create jobs in the midst of a regional labor shortage. Construction, retail trade, transportation and warehousing, and educational and health sectors led the area in employment growth while manufacturing, wholesale trade, leisure and hospitality, professional and business services, and information industries shed jobs. The leading economic indicator series fell 0.42 percent in the last quarter. Surveyed firms are less optimistic about future business activity. Local firms expect …

St. Cloud Area Quarterly Business Report, Vol. 18, No. 2, King Banaian, Richard A. Macdonald

St. Cloud Area Quarterly Business Report

No abstract provided.

St. Cloud Area Quarterly Business Report, Vol. 18, No. 1, King Banaian, Richard A. Macdonald

St. Cloud Area Quarterly Business Report

No abstract provided.