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Growth and Development

Central Minnesota Economic and Business Conditions Report

2017

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Central Minnesota Economic And Business Conditions Report - Second Quarter 2017, Richard A. Macdonald, King Banaian Oct 2017

Central Minnesota Economic And Business Conditions Report - Second Quarter 2017, Richard A. Macdonald, King Banaian

Central Minnesota Economic and Business Conditions Report

The Central Minnesota planning area is expected to experience strong economic growth over the next several months according to predictions of the Central Minnesota Index of Leading Economic Indicators (LEI). The leading index rose by 6.20 points in the most recent period, with four components producing positive readings. Among other things, strength in a general measure of statewide business conditions, an uptick in national durable goods orders, higher St. Cloud metropolitan area residential building permits, and lower regional initial jobless claims helped lift the Central Minnesota planning area LEI higher in the second quarter.

There were 1,440 new business filings …


Central Minnesota Economic And Business Conditions Report - First Quarter 2017, Richard A. Macdonald, King Banaian Jul 2017

Central Minnesota Economic And Business Conditions Report - First Quarter 2017, Richard A. Macdonald, King Banaian

Central Minnesota Economic and Business Conditions Report

The Central Minnesota planning area is expected to experience steady economic growth over the next several months according to predictions of the Central Minnesota Index of Leading Economic Indicators (LEI). The leading index rose by 2.03 points in the most recent period, with four components producing positive readings. Among other things, strength in a general measure of statewide business conditions and a small uptick in national durable goods orders helped lift the Central Minnesota planning area LEI in the first quarter.

There were 1,579 new business filings with the Office of the Minnesota Secretary of State in Central Minnesota in …


Central Minnesota Economic And Business Conditions Report - Fourth Quarter 2016, Richard A. Macdonald, King Banaian Mar 2017

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

Central Minnesota Economic and Business Conditions Report

The Central Minnesota planning area is expected to experience steady economic growth over the next several months according to predictions of the Central Minnesota Index of Leading Economic Indicators (LEI). The leading index rose by 0.86 points in the most recent period, with three components producing positive readings. Strength in a general measure of statewide business conditions along with rising residential building permits in the St. Cloud area helped drive the index upward this quarter. A small uptick in national durable goods orders also contributed favorably to the leading index. An increase in initial jobless claims in Central Minnesota and …