Also known as:
Minnesota State Economist
Function: Directs the preparation of revenue estimates for the state's two-year spending period.
The Economic Analysis Division of Minnesota's Management and Budget Department provides periodic forecasts of state revenues. These forecasts set the starting point for the budget process. Economic Forecasts are issued in February and November of each year and Economic Updates are issued in January, April, July and October of each year.
The department of Economic Analysis within Minnesota Management & Budget (MMB) is headed by the State Economist.
In 1984 outgoing State Economist William Toal recommended to then Finance Commissioner Gordon Donhowe that the job of state economist be lodged at the University of Minnesota and divide his or her time equally between forecasting tax revenues, building a central database of information about the state's economy and analyzing the economic impact of state policies. This is what happened when Dr. Glenn Nelson, a Professor in the Dept. of Agricultural and Applied Economics at the University of MN, was hired as State Economist on September 16, 1985.
Laura Kalambokidis: June, 2013 - ; formerly Thomas Stinson: July 1, 1987 -2013;
Record last updated:
Additional print information on this group may be available in the
Library's collection of agency notebooks. Please contact a librarian for
assistance. The Minnesota Agencies database is a work in progress.