Business North — The 2016 third quarter Minnesota Regional Economic and Business Conditions Reports show four of six planning areas — metro, central, northeast, northwest — witnessing slower growth in the coming months.
Economic conditions in Northeast Minnesota are expected to see a deceleration during the next several months, according to a variety of economic indicators, the state said in a news release.
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“Leading economic indicators were strongest in the Southeast and Southwest planning areas,” said King Banaian, report co-author and dean of the School of Public Affairs at St. Cloud State University. “The Central planning area weakened slightly but is still up year-over-year. There continues to be weakness in Northeast and Northwest planning areas, and the seven-county Twin Cities area has weakened somewhat too in recent quarters.”
