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St. Cloud Area Quarterly Business Report, Vol. 25, No. 1 - Podcast

St. Cloud Area Quarterly Business Report, Vol. 25, No. 1 - Podcast

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Description

The St. Cloud economy is still poised for recession, as predicted last December in the Quarterly Business Report. The recession has not yet started, but one fourth of firms surveyed indicate their business activity will drop through summer. Employment of persons living in the St. Cloud MSA fell 1.5% between January 2022 and January 2023. The six leading economic indicators for the St. Cloud area were evenly divided, with 3 up and 3 down. Local business leaders reported tighter credit conditions, with greater reliance on financing investments out of their own firms’ revenues.

Publication Date

Spring 4-2023

City

Waite Park, MN

Disciplines

Economics

St. Cloud Area Quarterly Business Report, Vol. 25, No. 1 - Podcast

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