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Northwest Minnesota Economic and Business Conditions Report

2017

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Full-Text Articles in Regional Economics

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

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

Northwest Minnesota Economic and Business Conditions Report

The Northwest Minnesota planning area economy is expected to experience steady growth over the next several months according to the predictions of the St. Cloud State University Northwest Minnesota Index of Leading Economic Indicators (LEI). Three of the five index components increased as the LEI rose 1.78 points in the second quarter. An increase in the Rural Mainstreet Index (which signals an improving macroeconomic environment for rural America), lower initial jobless claims in the region, and an increase in new filings for LLC and incorporation in Northwest Minnesota all contributed favorably to the second quarter outlook. Weaker residential building permits …


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

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

Northwest Minnesota Economic and Business Conditions Report

The Northwest Minnesota planning area economy is expected to experience steady growth over the next several months according to the predictions of the St. Cloud State University Northwest Minnesota Index of Leading Economic Indicators (LEI). Two of the five index components increased as the LEI was essentially unchanged in the first quarter. An increase in the Rural Mainstreet Index (which signals an improving macroeconomic environment for rural America) and lower initial jobless claims contributed favorably to the first quarter outlook. Weaker residential building permits in Fargo/Moorhead and Grand Forks/East Grand Forks, and slower new filings for LLC and incorporation in …


Northwest Minnesota Economic And Business Conditions Report Fourth Quarter 2017, King Banaian, Richard A. Macdonald Apr 2017

Northwest Minnesota Economic And Business Conditions Report Fourth Quarter 2017, King Banaian, Richard A. Macdonald

Northwest Minnesota Economic and Business Conditions Report

Steady economic growth is expected in the Northwest Minnesota planning area over the next several months according to the predictions of the St. Cloud State University Northwest Minnesota Index of Leading Economic Indicators (LEI). Three of five index components increased in the most recent quarter as the LEI rose 3.03 points. A decrease in the Rural Mainstreet Index (which signals a more challenging macroeconomic environment for rural America) and a lower number of residential building permits in Fargo/Moorhead and Grand Forks/East Grand Forks were the only negative components in this quarter’s leading index. A rise in the number of new …


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

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

Northwest Minnesota Economic and Business Conditions Report

The Northwest Minnesota planning area economy is expected to experience strong growth over the next several months according to the predictions of the St. Cloud State University (SCSU) Northwest Minnesota Index of Leading Economic Indicators (LEI). Four of the five components of the leading index were higher in the fourth quarter, as the LEI surged by 7.84 points. An increase in the Rural Mainstreet Index (which signals an improving macroeconomic environment for rural America) and stronger consumer sentiment helped drive the index higher. Lower initial jobless claims and increased residential building permits in Fargo/Moorhead and Grand Forks/East Grand Forks also …