Minnsights Blog

It’s hard to tell where we are in the COVID-19 journey. Four months after the first case in Minnesota, the health risks continue, but businesses have endured state-mandated closures, decreases in consumer demand, supply chain disruptions and staffing challenges.

The lag in standard economic data collected by state and federal agencies typically requires us to view the economy through the rearview mirror.

Minnesota is at a critical point in our shared effort to manage COVID-19 and bring forth a recovery of our state’s economy. As many states experience upticks in COVID-19 cases, it is important that Minnesota businesses and citizens understand and put in practice effective health and safety precautions. We’ve all sacrificed a lot in the last few months to prevent dire health consequences from COVID-19. And now our economy is opening up again, mitigating long-term economic devastation in our state.

A Q and A with the Minnesota Pork Board and Christensen Farms.

After posting the worst month of job losses in over seventy years, Minnesota added 9,800 jobs in May on a seasonally adjusted basis. This is a welcome sign of Minnesota’s nascent recovery, but the data show a steep climb ahead to reach full recovery.