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Minnesota's November 2020 Economic Forecast
Posted
December 4, 2020
Views
35
Likes
1
Engagement
2.86%
December 4, 2020
35
1
2.86%
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9:54Now PlayingMinnesota budget leaders released the November Budget and Economic Forecast Tuesday, December 1, which sets a baseline for budget planning in the coming legislative session. The latest numbers show a projected surplus of $641 million dollars for the biennium that ends in June and a projected deficit of about $1.3 billion dollars for the FY2022-2023 biennium. Jim Schowalter, Commissioner of Minnesota Management and Budget, joins Capitol Report moderator Shannon Loehrke to talk about what the latest projections mean for Minnesota's economy.
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