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St. Cloud Area Quarterly Business Report, Vol. 16, No. 4, King Banaian, Richard A. Macdonald

St. Cloud Area Quarterly Business Report

No abstract provided.

Central Minnesota Economic And Business Conditions Report, Second Quarter 2014, Richard A. Macdonald, King Banaian

Central Minnesota Economic and Business Conditions Report

Central Minnesota business conditions are expected to improve over the next several months according to the predictions of the St. Cloud State University (SCSU) Central Minnesota Index of Leading Economic Indicators. The leading economic indicator index (LEI) improved in the second quarter as improvements in durable goods orders, additional new business incorporations, and strength in a general measure of state business conditions helped drive the LEI higher. The SCSU Central Minnesota Index of Leading Economic Indicators is now 7.95 percent higher than one year ago.

There were 1,370 new business filings with the Office of the Minnesota Secretary of State …

Northeast Minnesota Economic And Business Conditions Report, Second Quarter 2014, Richard A. Macdonald, King Banaian

Northeast Minnesota Economic and Business Conditions Report

Northeast Minnesota business conditions are expected to improve over the next several months according to the predictions of the St. Cloud State University (SCSU) Northeast Minnesota Index of Leading Economic Indicators. The leading economic indicator index (LEI) improved in the second quarter as increases in Duluth/Superior Area (MSA) residential building permits, additional filings for new business incorporations, improvements in a general measure of state business conditions, gains in a supply managers’ survey index and lower initial jobless claims all drove the LEI higher.

There were 548 new business filings with the Office of the Minnesota Secretary of State in Northeast …

Northwest Minnesota Economic And Business Conditions Report, Second Quarter 2014, Richard A. Macdonald, King Banaian

Northwest Minnesota Economic and Business Conditions Report

Northwest Minnesota business conditions are expected to improve over the next several months according to the predictions of the St. Cloud State University (SCSU) Northwest Minnesota Index of Leading Economic Indicators (LEI). The macroeconomic environment for rural America has improved and consumer sentiment has strengthened in recent months. A rise in new business formation along with an increase in residential building permits in Northwest Minnesota’s two major metropolitan areas also helped drive the LEI higher in the second quarter. The SCSU Northwest Minnesota Index of Leading Economic Indicators is now 1.4 percent above its level one year ago as it …

Southwest Minnesota Economic And Business Conditions Report, Second Quarter 2014, Richard A. Macdonald, King Banaian

Southwest Minnesota Economic and Business Conditions Report

Southwest Minnesota business conditions are expected to slow over the next several months according to the predictions of the St. Cloud State University (SCSU) Southwest Minnesota Index of Leading Economic Indicators (LEI). Despite improvements in the general outlook for rural economies, an increase in new regional business formation and rising Mankato area residential building permits, the LEI is little changed from its strong reading in this year’s first quarter. Holding back the regional economic outlook is a recent rise in initial jobless claims in the Southwest Minnesota planning area. The SCSU Southwest Minnesota Index of Leading Economic Indicators increased by …

Twin Cities Minnesota Economic And Business Conditions Report, Second Quarter 2014, Richard A. Macdonald, King Banaian

Twin Cities Minnesota Economic and Business Conditions Report

Twin Cities business conditions are expected to pick up over the next several months according to the predictions of the St. Cloud State University (SCSU) Twin Cities Index of Leading Economic Indicators. The leading economic indicator index (LEI) was lifted by a rise in new filings for business incorporations and limited liability companies (LLC) in the Twin Cities. Improvement in two general measures of statewide business conditions also contributed positively to the Twin Cities outlook. Lower initial jobless claims further enhanced projected economic growth in the seven-county metro area. The Twin Cities index increased 5.38 points in the second quarter …

Southeast Minnesota Economic And Business Conditions Report, Second Quarter 2014, Richard A. Macdonald, King Banaian

Southeast Minnesota Economic and Business Conditions Report

Southeast Minnesota business conditions are expected to remain strong over the next several months according to the predictions of the St. Cloud State University (SCSU) Southeast Minnesota Index of Leading Economic Indicators (LEI). Improvements in consumer sentiment, an increase in new filings for business incorporation and limited liability company (LLC), a rise in the Minnesota Business Conditions index, and increasing Rochester metropolitan area residential building permits all helped lift the second quarter LEI by 5.42 points. The only component of the LEI that served as a drag on the leading index was initial jobless claims. The Southeast Minnesota Index is …

St. Cloud Area Quarterly Business Report, Vol. 16, No. 3, King Banaian, Richard A. Macdonald

St. Cloud Area Quarterly Business Report

No abstract provided.

Economic Emergency Program: St. Cloud Printing Plant Closure, Richard A. Macdonald, King Banaian, Owusua Yamoah, Brigid Tuck, Adeel Ahmed

Special Economic Studies

On May 30 2014, Quad/Graphics announced the completion of its acquisition of Brown Printing Company. As part of integration plans following the acquisition, the company later announced the closure of the Quad/Graphics printing plant in St. Cloud, Minnesota. The plant closure will result in the loss of 280 jobs at the St. Cloud plant. It is estimated that the closure will result in the total loss of 475 jobs, $72.7 million of sales, and $24.6 million of labor income in Stearns and Benton counties. In addition to the direct loss of jobs in the printing industry, the industries of food …

St. Cloud Area Quarterly Business Report, Vol. 16, No. 2, King Banaian, Richard A. Macdonald

St. Cloud Area Quarterly Business Report

No abstract provided.

Central Minnesota Economic And Business Conditions Report: First Quarter 2014, King Banaian, Richard A. Macdonald

Central Minnesota Economic and Business Conditions Report

Central Minnesota business conditions are expected to improve over the next several months according to the predictions of the St. Cloud State University (SCSU) Central Minnesota Index of Leading Economic Indicators. The leading economic indicator index (LEI) improved in the 2014 first quarter as strong growth in new residential building permits in the St. Cloud Metropolitan Statistical Area (MSA), along with gains in a general measure of state business conditions helped drive the LEI higher. The SCSU Central Minnesota Index of Leading Economic Indicators is now 7.9 percent higher than one year ago.

There were 1,450 new business filings with …

Northwest Minnesota Economic And Business Conditions Report: First Quarter 2014, King Banaian, Richard A. Macdonald

Northwest Minnesota Economic and Business Conditions Report

Northwest Minnesota business conditions are expected to slow over the next several months according to the predictions of the St. Cloud State University (SCSU) Northwest Minnesota Index of Leading Economic Indicators. The macroeconomic environment for rural America has softened and consumer sentiment has slowed slightly. Poor weather did not interfere much with building permits in the region’s two metro areas. The Northwest Minnesota index in contrast rose 2.2 percent in the previous year, so we foresee no recession, just a slower period than 2012 or 2013.

There were 1,024 new business filings with the Office of the Minnesota Secretary of …

Southeast Minnesota Economic And Business Conditions Report: First Quarter 2014, King Banaian, Richard A. Macdonald

Southeast Minnesota Economic and Business Conditions Report

Southeast Minnesota business conditions are expected to remain strong over the next several months according to the predictions of the St. Cloud State University (SCSU) Southeast Minnesota Index of Leading Economic Indicators. While an uptick in initial jobless claims helped push the leading economic indicator index (LEI) lower last quarter, overall business conditions remain steady in the southeast portion of the state. Strong gains in new residential building permits in the Rochester Metropolitan Statistical Area (MSA), along with growth in a general measure of state business conditions contributed favorably to the LEI. The Southeast Minnesota Index is now 16.1 percent …

Southwest Minnesota Economic And Business Conditions Report: First Quarter 2014, King Banaian, Richard A. Macdonald

Southwest Minnesota Economic and Business Conditions Report

Southwest Minnesota business conditions are expected to improve over the next several months according to the predictions of the St. Cloud State University (SCSU) Southwest Minnesota Index of Leading Economic Indicators. With a significant reduction in initial jobless claims and continued increases in new business incorporations and limited liability companies (LLC), the Southwest Minnesota economy appears headed for a strong growth trajectory through the summer months. The SCSU Southwest Minnesota Index of Leading Economic Indicators is now 1.8 percent higher than one year ago.

There were 660 new business filings with the Office of the Minnesota Secretary of State in …

Twin Cities Minnesota Economic And Business Conditions Report: First Quarter 2014, King Banaian, Richard A. Macdonald

Twin Cities Minnesota Economic and Business Conditions Report

Twin Cities business conditions are expected to pick up over the next several months according to the predictions of the St. Cloud State University (SCSU) Twin Cities Index of Leading Economic Indicators. The leading economic indicator index (LEI) was lifted by an increase in new filings for business incorporations and limited liability companies (LLC) in the Twin Cities. An improvement in a general measure of statewide business conditions also contributed positively to the Twin Cities outlook. Despite poor winter weather, the value of residential building permits expanded in the Twin Cities metro, further lifting the outlook for the regional economy. …

Northeast Minnesota Economic And Business Conditions Report: First Quarter 2014, King Banaian, Richard A. Macdonald

Northeast Minnesota Economic and Business Conditions Report

Northeast Minnesota business conditions are expected to improve over the next several months according to the predictions of the St. Cloud State University (SCSU) Northeast Minnesota Index of Leading Economic Indicators. The leading economic indicator index (LEI) improved in the first quarter as increases in filings for new business incorporations, improvements in a general measure of state business conditions and lower initial jobless claims drove the index higher. This was partially offset by weaker results of a supply managers’ survey and a decline in the value of first quarter Duluth/Superior Metropolitan Statistical Area (MSA) residential building permits.

There were 539 …

St. Cloud Area Quarterly Business Report, Vol. 16, No. 1, King Banaian, Richard A. Macdonald

St. Cloud Area Quarterly Business Report

No abstract provided.