The Economy of Greater Minnesota
For the week of November 15, 2015
Brigid Tuck, Senior Economic Analyst the University of Minnesota Extension, discusses the Extension report that looks at how well the Greater Minnesota economy faired after the Great Recession.
- Part 1
(1:07) The U of M’s Extension office studied the economic impact of the Great Recession on Greater Minnesota; (2:10) Regions of the state that struggled after the Great Recession; (2:51) Why certain areas struggled; (4:08) The industries hit especially hard after the Great Recession; (5:30) The kinds of data the examined by the report; (7:16) Health care saw some of the largest job gains in the state; (9:50) The importance of farming and manufacturing industries to the state; (11:43) The spike in temporary jobs
- Part 2
(:19) The report helps identify strengths and weaknesses in the Greater MN economy and highlights economic diversity in the region; (1:28) Often times the Twin Cities economy overshadows other parts of the state; (2:17) The two regions – Greater MN and the metro area – rely on the success of one another; (3:50) Retail on small-town Main streets; (7:46) How Greater MN can play a larger role in the MN economy; (9:00) The Extension program helps bring U of M research to communities