We're Number 48!
The federal government just released state-by-state personal income statistics for the first quarter of 2005--and the news from Minnesota is not encouraging. According to the Bureau of Economic Analysis, Minnesota ranked 48th in growth of personal income from the last quarter of 2004, recording a .3 percent drop. Washington and North Dakota were the only other states to post declines.
According to an Associated Press story, bureau economists attribute Minnesota's troubles to a farm economy weakened by higher fuel costs and lower commodity prices, while Minnesota state economist Tom Stinson thinks the numbers are a "statistical anomaly" and, possibly, the product of a flawed data set.
Get the This Week's Top Stories Newsletter
Every week we collect the latest news, music and arts stories — along with film and food reviews and the best things to do this week — so that you’ll never miss City Pages' biggest stories.
- UnitedHealth is getting even richer on Obamacare
Sun., Sep. 20, 12:00pm
Sat., Sep. 26, 2:30pm
Sun., Sep. 27, 12:00pm
Sat., Oct. 3, 7:00pm
- The Top 10 T-shirts of the Minnesota State Fair
- Top 5 Hate Mails of the Week: With new & improved fecal insults!