Minnesota’s Economy Was Even Worse than Initially Thought in Recent Years

By October 13, 2026Commentary1 min read

I pointed out last week that Minnesota’s economy may have turned a corner in the second quarter of 2026, particularly in regard to growth in its private sector.  But the same data showed that under Dem control the state’s economy in recent years has been even worse than first reported.   For every year from 2020-25, the state’s GDP was revised down, by as much as 2.4% in 2024 and 3.3% in 2025.  We ranked 48th among all states.  And because we have no population growth, that means per capita GDP was similarly down substantially.   From a position substantially above the national average for per capita GDP, during the Walz administration Minnesota has fallen to being $2800 below that national average.  This directly translates to people’s standard of living.  And given the massive revisions to the Minnesota numbers, I wouldn’t get too excited about the second quarter 2026 numbers.   (JP Post) 

Kevin Roche

Author Kevin Roche

The Healthy Skeptic is a website about the health care system, and is written by Kevin Roche, who has many years of experience working in the health industry through Roche Consulting, LLC. Mr. Roche is available to assist health care companies through consulting arrangements and may be reached at khroche@healthy-skeptic.com.

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