MinnEcon Blog

The jobs bounce back from this Great Recession is dramatically slower than the last Great Recession of the 1980s.
Minnesota’s economy from the bakery window
Cold Spring Bakery in Cold Spring, Minn. has been open for over 60 years and Lynn Schurman has worked there for nearly 40 of them. Lynn is the co-owner of the bakery along with her husband and brother-in-law and she was kind enough to take a break from her busy day to tell me how her business if faring these days. Here are three key insights she shared with me:
More than one in five Minnesota houses with a mortgage is underwater or near underwater.