economic impact

Local College Students Create $77 Million in Economic Impact

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

August 21, 2018

Lauren Leigh,

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.

March 5, 2018

Haydee Clotter,

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…