Minnesota Senate Media Services
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Analyzing Latest Economic Trends
Posted
December 8, 2023
Views
87
December 8, 2023
87
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13:01Now PlayingThe November Budget and Economic Forecast, a financial snapshot prepared by Minnesota Management and Budget (MMB), projects a budget surplus of $2.4 billion dollars for the current fiscal biennium, which runs through June 2025. That number is $808 million more than was projected at the end of the 2023 legislative session. The report attributes the increase to stronger than expected consumer spending, business investment and employment. Dr. Laura Kalambokidis, the state's economist, talks with Capitol Report moderator Shannon Loehrke about the latest economic trends.
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