by lftcrtv | Apr 18, 2018
High per capita gross domestic product (GDP) states—such as Minnesota—tend to have lower rates of GDP growth over time, for reasons discussed in part 1 of this series. However, Minnesota has successfully bucked this trend during the current business cycle, with per...
by lftcrtv | Apr 11, 2018
Convergence refers to the tendency of states with below average levels of economic activity to enjoy somewhat higher growth rates than other more prosperous states. Convergence occurs because less well-performing states tend to make up ground over time relative to...
by lftcrtv | Sep 28, 2017
Tax cuts enacted in the Badger State in recent years have contributed to a more regressive tax system and recurring revenue shortfalls, as noted in the preceding article in this series. Meanwhile, tax increases in Minnesota have not only made the tax system less...
by lftcrtv | Sep 27, 2017
Since the end of the Great Recession, Minnesota has comfortably surpassed Wisconsin in terms of GDP and income growth, and job creation. Based on newly released 2016 data from the American Community Survey, median household income in the Gopher State is 15.5 percent...
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