March 2019 - Minnesota Economic Trends
Economic development professionals agree that Business Retention and Expansion – BRE – is the most practical strategy for growth. Co-authors Cameron Macht and Michael Darger pair the Business Employment Dynamics dataset with ongoing projects that aim to keep businesses in Barnesville and Cottage Grove.
Using transfer payment data, Dave Senf tracks Minnesota’s per capita personal income ranking over the last 20 years.
Elsewhere, Sanjukta Chaudhuri and Carrie Marsh walk us through the Bachelor’s Degree and Career Destination tool – BDCD – funded through a 2015 State Longitudinal Data Systems grant from the U.S. Department of Education.
Lastly, David Stokman, former intern with DEED Performance Management, looks at the trade-offs Minnesota high school graduates make in deciding whether or not to go to college. Stokman examines statewide and regional trends for those who did not go to college but instead entered the workforce from 2009-16.
Coming up: Our annual state-of-the-state overview, in the June issue of Trends, takes a detailed look at our six regions.
Download a full pdf of this issue or select the links below to view individual stories.