ST. CLOUD TIMES — Events associated with the COVID-19 pandemic have driven the local economy into recession. As has been seen throughout the U.S. (and the world), the temporary closing of many area businesses has caused an economic shock that has torn through the entire economy.
Nearly all data measures have turned south as the human toll of the coronavirus has extended beyond deaths and hospitalizations to unemployment, business closures and uncertainty that spans virtually all sectors of the regional economy.
Read more: Quarterly Business Report: COVID-19 shock slams local economy