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St. Cloud Area Quarterly Business Report

Publication Title

St. Cloud Live

Document Type

Article

Publication Date

1-2025

Abstract

The St. Cloud Area Quarterly Business Survey showed new optimism of area business leaders in a survey given after the 2024 presidential election. Other indicators were mixed, however. Leading economic indicators predicts weak growth in the first half of 2025. 44% of survey respondents said their labor costs rose faster than the costs of their inputs and that both grew faster than prices received for their products or services. Only 13% saw their product’s prices rise faster than their costs. 26% reported that their employees were seeking higher salaries by bringing their employers competing job offers. The St. Cloud Stock Price Index reached a new high on the last trading day of November, 2024.

Comments

Quarter 4 of 2024

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