MinnEcon Blog

Minnesota Banks’ 2012 Outlook: Better, Not Great
Minnesota's community banks -- a group that doesn't include big players like US Bank and Wells Fargo -- are improving their financial health and performance.
The Price of Price Resistance for General Mills
Consumers are resisting the attempts of General Mills and other food companies to pass long rising commodity costs. And that's hurting sales and profits.
Minnesota Economic Outlook: Better, Not Great
Wells Fargo economists see hope for the Minnesota housing market but slow job growth this year.
Minneapolis Fed Prexy: Minnesota recovery further along than US
Minneapolis Federal Reserve President Narayana Kocherlakota says Minnesota's economy "weathered the recession notably better" than the national economy.
Target is seeking an environmental review of potential plans for 1.7 million square feet of office space at its North Campus in Brooklyn Park. That's about 200,000 square feet more than Target's prior plan.
TCF earnings and stock tank
Shares of TCF Financial, parent company of TCF Bank, are down six percent in morning trading after the company announced a 49 percent drop in fourth quarter earnings.
Minnesota's exports posted a third-quarter record in 2011. They grew to $5.1 billion in the three-month period ending in September. That was an increase of 4 percent from the same period in 2010.
Target says it will buy back up to another $5 billion of its shares under a new stock repurchase program.
Cargill profits plummet
Cargill today reported earnings plunged even as revenue jumped in the three months ending Nov. 30th.