QBR presents first quarter results are in, recession looms
The St. Cloud Area Quarterly Business Report (QBR) suggests we are holding back a recession (for now). Survey results and analysis were presented at GREAT Theatre’s Helgeson Learning Lab on April 6.
Central Minnesota businesses are spending considerably more on healthcare and energy and have seen a 6.4% net increase in lines of credit. Thirty-five percent of businesses are seeing a greater rate of employee turnover than in 2019.
