396
072
866
COLOR KEY: December
ECONOMIC INDICATORS & TRENDS
Jan November Feb Mar Apr May June July Aug Sept Oct Nov Dec
December
Home Sales Closed in St.Cloud
December
November
October
September
Home Sales Closed in St.Cloud
6 COMMUNITIES - ST. CLOUD, SAUK RAPIDS, SARTELL, WAITE PARK, ST. AUGUSTA, ST. JOSEPH
March
$2M
TOTAL: 1789
Total as of 2/12/19.
Receive your free guide by contacting DEED at February 651-259-7474 or emailing deed.mnsbao@state.mn.us. A pdf version is available at BusinessCentralMagazine.com January New Reality continued...
Lodging Tax Dollars
December
November
Business Central Magazine // M A R C H /A P R I L 2 0 1 9
October
Total as of 2/12/19.
$2M
September
Sources: Tax Collections – City of St. Cloud
$1.5M
August
$1M
April 2018 labor supply/labor demand rate was 0.73, the fourthlowest rate behind only Hawaii, North Dakota and Colorado. The national rate of 1.37 supports the notion that Minnesota employers are having a much harder time filling job openings than employers in most other states. July
$500k
June
2016
May
TOTAL: $1,508,301
April
2017
March
TOTAL: $1,623,035
February
TOTAL: $1,748,626
State job vacancies (a proxy for labor demand) reached a record fourth quarter high in 2017, indicating that demand for workers remains solid. Declining unemployment numbers (a proxy for labor supply) combined with climbing job vacancies pushed the unemployed/job vacancy ratio to 0.8, its lowest-level in the 18-year history of DEED’s Job Vacancy Survey. A similar measure published by the Conference Board reported that Minnesota’s January
December
November
October
September
August
July
June
May
April
March
February
January
2018
26
August
31
Benton Co. 39 27 94
$0
2017
TOTAL: $1,333,423
2018
$0 $500k $1M $1.5M Benton County Sheriff’s Civil Process; Stearn’s County Sheriff’s Office
ST. CLOUD
July
84
June
158
2017
TOTAL: 1752
2016
200
T
October
2000
$1500000
Residential 2016 Stearns Co.
TOTAL: 221
150
$2M
he Minnesota Department of Employment and September Economic Development (DEED), in partnership with August Minneapolis law firm Gray Plant Mooty, has published A Legal Guide to Privacy and Data Security 2019. Written July for non-lawyers, the publication provides information that June business owners can use to ensure they are following best practices. Noteworthy in the 2019 edition is the California May Consumer Privacy Act, which will affect any business that April collects personal information of California residents. TOTAL: 1655
SHERIFF’S FORECLOSURE AUCTIONS
May
TOTAL: 235
1500
100
$1.5M
December
TOTAL: $1,523,946
TOTAL: $133,773*
TOTAL: $1,272,176*
TOTAL: $1,333,423
$1200000
50
2016
$900000
2017 0
$1M
The 2019 Privacy and Data Security Guide will help November small businesses understand best practices. 1000
$600000
2016
$500k
Privacy Guide
TOTAL: 125
TOTAL: $1,303,737*
2018
January
500
$300000
2017
February
*Total as of 2/12/19. Totals do not include Nov & Dec 2018 data. It was not released at time of print.
Food and Beverage Tax Collection ST. CLOUD
$0
TOTAL: $1,333,423
Sources: Tax Collections – City of St. Cloud
Sheriff’s Foreclosure Auctions
2018
April
2000
March
Feb 1500
Jan $200M $250M $300M Housing/Real Estate sources: St. Cloud Area Association of Realtors, http://stcloudrealtors.com/pages/statistics. Total as of 2/12/19.
STEARNS AND BENTON COUNTIES
March
0
1000
Food and Beverage Tax Collection
ST. CLOUD
500
April
TOTAL: 1752 2016
TOTAL: $1,523,946
May
2017
Mar
$0 0
June
2015
2018
2017
2016
TOTAL: $239,669,534
Apr
February
June
TOTAL: $1,303,737*
July
TOTAL: 1789
May
2016
August
2018
August
TOTAL: $221,316,488
2017
January
TOTAL: 1815 September
July
October
ST. CLOUD September
October
TOTAL: $288,757,642
2018
December
November
October
September
August
July
June
May
Apr
Mar
Feb
Jan
, SAUK RAPIDS, SARTELL, WAITE PARK,
$150M
Food and Beverage Tax Collection
November 6 COMMUNITIES � ST. CLOUD, SAUK RAPIDS, SARTELL, WAITE PARK,
ding Permits ST. AUGUSTA, ST. JOSEPH
M
$100M
488
534
110
$250M
BusinessTools
The following DEED writers contributed to this article: Steve Hine, Dave Senf, Sanjukta Chaudhuri, and Oriane Casale.
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