economic impact

Ely Business Owners Optimistic for Brighter Days Ahead

From Taprooms to Outfitters, Ely Businesses Remain Optimistic as Summer Tourism Season Inches Closer

ELY, Minn. – As the pandemic continues, there’s no doubt about it, many of us are counting down the days until summer finally sets in, allowing for more time outdoors, and the perfect setting to safely visit with friends and family. “All the campsites are at least 1/8 mile apart, so I guess social distancing is just perfect. You can’t…

Minnesota Discovery Center Looks Ahead to Jan. 12 Reopening

Due to Current COVID-19 Restrictions in Minnesota, Minnesota Discovery Center Remains Closed to the Public

CHISHOLM, Minn. – Creativity is on overdrive at the Minnesota Discovery Center in Chisolm as staff work to navigate through the ongoing COVID-19 pandemic. Aside from the center’s gift shop, the facility remains closed due to restrictions put in place by Minnesota Governor Tim Walz. However, there is a light at the end of the tunnel. The Center will be…

International Falls Area Businesses Experience Impact of COVID-19

U.S., Canada Border Closure Impacts Businesses in the International Falls Area

INTERNATIONAL FALLS, Minn. – COVID-19 continues to keep a tight lockdown on our daily lives and routines. Businesses are being impacted, and communities are having to come together now more than ever before to help one another. The community of International Falls, situated right along the Canadian border, is feeling the economic impact due to the ongoing U.S., Canadian border…

Local College Students Create $77 Million in Economic Impact

The study conducted also states students produce nearly 700 jobs to the area.

DULUTH, Minn.- College students returning not only add an energy to the city but also a large economic impact. College students create more business for local shops, those students are a staple in the Duluth community. UMD students and visitors bring in $77 million of economic impact to the region according to a study conducted in 2014 by the Labovitz School’s Bureau of…

Proposed Tariffs Could Have Significant Impact in the Northland

The proposed import tariffs are 25 percent on steel and 10 percent on aluminum.

DULUTH, Minn. – Experts are saying the president’s tariff could have a massive impact on our region. We spoke with a University of Minnesota Duluth (UMD) Economics Professor about the possible impact on consumer prices. “The only one who would gain are companies that are being protected, but protection is not the best way to make the economy better,” said UMD Economics…