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Considering Possible Disruptions in the MSP Office Market

Posted by: Amanda Taylor on Thursday, May 14, 2020
Photo Courtesy of Visit Saint Paul

In Peter’s conversation with Jessica Mogilka this week, we learned that there is a great deal of uncertainty about what is to come for the office market. We do know there is inevitable disruption which will force organizations to make critical choices about their utilization of office space. The GREATER MSP intel team is tracking expert insights and applying regional office market data to understand potential disruptions due to COVID-10, including Greater MSP regional submarket dynamics and changing office space demand.  

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Video: Jessica Mogilka of JLL on The Future of the Workplace

Posted by: Zach Jenson on Thursday, May 14, 2020

Jessica Mogilka, executive vice president at JLL, shares practical tips for employers and employees as they think about reentering the workplace, and offers insights from a recent workplace survey about how office as we knew it is changing.

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MSP ECONOMIC PULSE: MARCH REPORT SHOWS SIGNS OF COVID-19 IMPACT

Posted by: Amanda Taylor on Thursday, May 7, 2020

Each month, GREATER MSP releases an overview of key economic indicators for the region that corresponds with state and federal monthly jobs reports, the MSP Economic Pulse. This weekly we’re breaking down the March MSP Economic Pulse to give a taste of how we’ll be able to monitor monthly changes relative to the COVID-19 impact moving forward over the next several months. The March report shows that MSP started to see declining employment and a rising unemployment rate, despite the fact that survey reference periods predated many COVID-19 related business and school closures that occurred late in the month.

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Video: General Mills CEO on Tackling Global Issues During a Time of Crisis

Posted by: Zach Jenson on Thursday, May 7, 2020
Jeff Harmening

General Mills has been an anchor of our region's headquarters economy and of our globally significant food & ag industry. Founded over 150 years ago, General Mills has successfully managed through crises in the past, while supplying food the world needs. In this video, Jeff Harmening shares his approach to solving the short-term demands of COVID-19, while accelerating commitments to long-term goals with global impacts. Additionally, he stresses the importance of cross-sector collaboration to our region's recovery.

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Video: Magnifying Systemic Issues in Communities of Color

Posted by: Zach Jenson on Thursday, April 30, 2020

COVID-19 has had an impact on every part of our region. For communities of color, the impact has been even more challenging for multiple reasons. Marcus Owens talks about creating an equitable system for relief, shares new survey learnings from Black business owners and stresses the importance and urgency of using this crisis as an opportunity to solve systemic problems.

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Racial Disparities Amplified During Crisis

Posted by: Amanda Taylor on Thursday, April 30, 2020

Everyone to some degree is feeling the impact of this crisis, but what the data is showing us is a disproportionately larger impact on people of color in the Greater MSP region. The challenges faced by people of color include increased health risk and increased economic vulnerabilities, amplifying long-standing structural racial disparities in our region.

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Minnesota business application analysis shows resiliency in crisis, but longer-term challenges

Posted by: Amanda Taylor on Thursday, April 23, 2020

Each week the GREATER MSP Intelligence Team will share our latest insights on the economic impact of COVID-19 on the Greater MSP region. We’re listening, monitoring, and tracking national and global analysis from leading experts and delivering insights about what it means to the Greater MSP regional economy.

This week we’re examining business application stats that are now being released weekly from the U.S. Census Bureau.

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Video: U of MN President Joan Gabel on Innovative Solutions Through Crisis

Posted by: Zach Jenson on Thursday, April 23, 2020
Joan Gabel

GREATER MSP Board Member and University of Minnesota President Joan Gabel shares the U’s response, innovation and victories through the COVID-19 crisis.

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Signals of Economic Health During COVID-19: Housing Market Activity

Posted by: Amanda Taylor on Thursday, April 16, 2020
Greater MSP Region Housing Market New Listings

Each week the GREATER MSP Intelligence Team will share our latest insights on the economic impact of COVID-19 on the Greater MSP region. We’re listening, monitoring, and tracking national and global analysis from leading experts and delivering insights about what it means to the Greater MSP regional economy.

This week we’re taking a look at housing market trends in the Greater MSP region to see how COVID-19 is impacting home buying behavior. The health of the housing market, including availability, affordability, and access, is a critical component of overall economic health. It impacts our ability to attract new talent to the region and to maintain stability and certainty for families and individuals who are already here.

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Video: Blue Cross Blue Shield President & CEO Dr. Samitt

Posted by: Zach Jenson on Thursday, April 16, 2020

Blue Cross Blue Shield of Minnesota President & CEO and GREATER MSP board member Dr. Craig Samitt shares his perspective on the pandemic as a business leader and medical doctor.

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