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Twin Cities economy

The Twin Cities’ “Goldilocks” Housing Market

Plentiful Jobs + Affordable Housing “Minneapolis-St. Paul is awash in economic plenty. The area has added more than 200,000 new jobs since 2009, according to the Bureau of Labor Statistics. The area’s unemployment rate in December was just 3.1 percent (not seasonally adjusted), compared with 4.8 percent nationwide. The median household income is well above the national...
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North Dakota Boom, Twin Cities Ripples?

Hanging Sheet Rock for $90k a Year Is North Dakota’s energy-driven economic boom creating ripple effects in the Twin Cities? Specifically, in the Twin Cities labor market? It would appear that way. Anecdotally, I’m now hearing of Twin Cities contractors whose labor force is depleted because of the siren call coming from western North Dakota....
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MN’s Chance to ‘Power’ Ahead?

MN’s Next-Door Neighbor: ‘The Saudi Arabia of Wind’ What made New England the center of the Industrial Revolution — and specifically, the textile industry — more than 150 years ago? Two things: technology, and cheap energy (specifically, hydroelectric power from the area’s many rivers). A century ago, what made the Twin Cities the nation’s milling...
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