Minnsights Blog
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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.
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The lag in standard economic data collected by state and federal agencies typically requires us to view the economy through the rearview mirror.
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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.
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A Q and A with the Minnesota Pork Board and Christensen Farms.
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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.
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