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Minnesota State Wire

Wednesday, November 6, 2024

News from October 2021

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Minneapolis-St. Paul-Bloomington nonfarm payroll employees increase by 1.3% since March

By Minnesota State Wire | Oct 1, 2021

The number of employees on nonfarm payrolls for April in the Minneapolis-St. Paul-Bloomington metropolitan statistical area was 1,891,500, a 1.3 percent increase over the previous month, according to the U.S. Bureau of Labor Statistics.

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Minnesota reports $166 million in miscellaneous tax revenue in Q3 2021

By Minnesota State Wire | Oct 1, 2021

Minnesota's miscellaneous tax revenue reached $166 million in the third quarter of 2021, a decrease of 11.2% compared to the previous quarter.

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Duluth nonfarm payroll employees increase by 0.8% since September 2021

By Minnesota State Wire | Oct 1, 2021

The number of employees on nonfarm payrolls for October 2021 in the Duluth metropolitan statistical area was 132,200, a 0.8 percent increase over the previous month, according to the U.S. Bureau of Labor Statistics.

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Duluth sees 131,200 nonfarm payroll employees in September

By Minnesota State Wire | Oct 1, 2021

The number of employees on nonfarm payrolls for September in Minnesota's Duluth metropolitan statistical area was 131,200, according to the U.S. Bureau of Labor Statistics.

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Minnesota ranked 33rd in home vacancy rate in Q3 2021

By Minnesota State Wire | Oct 1, 2021

Minnesota's home vacancy rate was 33rd in the U.S., with a home vacancy rate of 0.7 percent in the third quarter, according to the U.S. Census Bureau.

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1823 Franklin Ave., Minneapolis purchased by Chris and Sharon Stakas Short

By Minnesota State Wire | Oct 1, 2021

The home at 1823 Franklin Ave., Minneapolis was sold on Oct. 1 by Samual Johnson and Wangshiaming Lee for $375,000. The buyers were Chris and Sharon Stakas Short.

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Average VA home loan amount in Minnesota increases in Q3

By Minnesota State Wire | Oct 1, 2021

The average VA loan amount in Minnesota during the third quarter of the fiscal year 2021 was $271,005, a 1.9 percent increase over the previous quarter, according to the Veterans Affairs Home Loans Index.

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Minnesota ranks 24th in total VA home loans during Q3

By Minnesota State Wire | Oct 1, 2021

Minnesota ranked 24th in VA home loans in the third quarter of 2021 with 4,142 loans issued, according to the Veteran’s Affairs Home Loans Index.

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Paramount Holdings LLC acquires 1505 25th St., Minneapolis

By Minnesota State Wire | Oct 1, 2021

On Oct. 1, Paramount Holdings LLC purchased a home at 1505 25th St., Minneapolis from Axl Management LLC for $40,000.

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Minnesota collects $2.8 billion in sales and gross receipt tax revenue in Q3 2021

By Minnesota State Wire | Oct 1, 2021

Minnesota collected $2.8 billion in sales and gross receipt taxes during the third quarter of 2021, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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Rental vacancies in Minnesota up 0.1% from Q3 to Q4 2021

By Minnesota State Wire | Oct 1, 2021

Rental vacancies in Minnesota were 5.1 percent in the fourth quarter of 2021, an increase of 0.1 percent over the previous quarter, according to the U.S. Census Bureau.

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5335 Vicksburg Lane, Plymouth acquired by R & R Construction of Minneapolis

By Minnesota State Wire | Oct 1, 2021

On Oct. 1, City of Plymouth sold their home at 5335 Vicksburg Lane, Plymouth to R & R Construction of Minneapolis for $160,000.

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Q3: VA home loan in Minnesota averages $271,005

By Minnesota State Wire | Oct 1, 2021

The average VA loan amount in Minnesota during the third quarter of the fiscal year 2021 was $271,005, according to the Veterans Affairs Home Loans Index.

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Minnesota's income tax revenue down 18.6 percent in year since Q3 2020

By Minnesota State Wire | Oct 1, 2021

Minnesota collected $3.4 billion in individual income taxes during the third quarter of 2021, a 18.6 percent decrease from the same period the previous year, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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VA provides 4,142 home loans in Minnesota totaling $1.1 billion in Q3

By Minnesota State Wire | Oct 1, 2021

The U.S. Department of Veteran’s Affairs (VA) issued 4,142 home loans totaling $1.1 billion in Minnesota during the third quarter of the fiscal year 2021, according to the Veteran’s Affairs Home Loans Index.

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Paramount Holdings LLC buys 312 17th Ave., Minneapolis

By Minnesota State Wire | Oct 1, 2021

On Oct. 1, Shawi Al Hamouri and Barehan Kaisi sold their home at 312 17th Ave., Minneapolis to Paramount Holdings LLC for $60,000.

Q3 2021: Minnesota's combined tax revenues down 30.6% since Q2 2021

By Minnesota State Wire | Oct 1, 2021

Minnesota collected $7.3 billion in total tax revenues during the third quarter of 2021, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

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Home vacancies in Minnesota up 0.2 percent in Q3

By Minnesota State Wire | Oct 1, 2021

Minnesota’s home vacancy rate was 0.7 percent in the third quarter of 2021, an increase of 0.2 percent over the previous quarter, according to a U.S. Census Bureau report.

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VA provides 1,072 home purchase loans in Minnesota in Q3

By Minnesota State Wire | Oct 1, 2021

There were 1,072 VA home purchase loans issued in Minnesota in the third quarter of the fiscal year 2021 totaling $351.9 million, according to figures provided by the Veterans Affairs Home Loans Index.

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Total non-farm payroll employees in Minnesota increases by 1% in September 2021

By Minnesota State Wire | Oct 1, 2021

Minnesota reported the number of employees on non-farm payrolls for the month of September 2021 was 131,200, according to a U.S. Bureau of Labor Statistics report.