Austin Daily Herald — The Southeast Minnesota region is expected to see normal or increased economic growth over the next several months, according to new reviews and forecasts released Thursday by Secretary of State Steve Simon and the St. Cloud State University School of Public Affairs Research Institute.
Their report showed that southeast Minnesota’s economy was expected to see an acceleration over the next several months, according to a variety of economic indicators. The Southeast Minnesota’s LEI (leading economic indicators) increased by 2.34 points in the third quarter of 2016, led by a rise in the number of residential building permits in Rochester as well as higher new filings of incorporation and LLC in the Southeast Minnesota region.
Read more: http://www.austindailyherald.com/2016/12/se-minnesota-fares-well-on-third-quarter-growth/