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Northwest Minnesota Economic and Business Conditions Report

2018

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Full-Text Articles in Regional Economics

Northwest Minnesota Economic And Business Conditions Report First Quarter 2018, King Banaian, Richard A. Macdonald Mar 2018

Northwest Minnesota Economic And Business Conditions Report First Quarter 2018, King Banaian, Richard A. Macdonald

Northwest Minnesota Economic and Business Conditions Report

Strong 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). Four of five index components increased in the most recent quarter as the LEI rose 7.02 points. An increase in the Rural Mainstreet Index (which signals a more robust macroeconomic environment for rural America) and a larger number of residential building permits in Fargo/Moorhead and Grand Forks/East Grand Forks were among the positive components in this quarter’s leading index. A rise in the number of new …


Northwest Minnesota Economic And Business Conditions Report Third Quarter 2017, King Banaian, Richard A. Macdonald Jan 2018

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

Northwest Minnesota Economic and Business Conditions Report

Somewhat slower 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 decreased in the most recent quarter as the LEI fell 1.31 points. A decrease in the Rural Mainstreet Index (which signals a more challenging macroeconomic environment for rural America), a lower number of residential building permits in Fargo/Moorhead and Grand Forks/East Grand Forks, and declining new filings for LLC and incorporation in Northwest Minnesota all helped drag down the third …