October 2022

Last State Surplus Property Live Auction for 2022 This Weekend in Arden Hills

Saturday's auction begins at 9:30 a.m. and includes motor vehicles, plow and dump trucks, ATV’s, snowmobile, boat/motor/trailer packages and more Saint Paul — Members of the public are invited to bid on a variety of surplus goods at a State of Minnesota auction on Saturday, October 22 in Arden Hills. The auction will include 75 cars and trucks, Spartan fire engines, Sterling plow trucks-dump trucks, International plow truck, Ford L8000 truck and dump truck, Skidoo snowmobile, Polaris Ranger, ATV’s-Yamaha & Arctic Cat, John Deere F935 mower with snow blower, Loftness snow blower, Redi Haul, Felling, Triton, Aluma, Elite, Addco, MnDOT, Minncor, and D&K trailers, boat/motor/trailer packages (Yacht Club & Lund and EZ Loader), ice augers, outboard motors, automotive shop equipment, Egr Beaver wood chipper, office furniture and more. A complete list of items can be found on the Live Auction page.

Read MoreLast State Surplus Property Live Auction for 2022 This Weekend in Arden Hills

Minnesota’s Economy Isn’t Doing Well

On October 9, Gov. Walz tweeted “Our small businesses and working families are driving our state’s economic expansion.” But Minnesota’s economy isn’t expanding. Indeed, data released by the Bureau of Economic Statistics on September 30 showed that, in the second quarter of 2022, our state’s economy actually shrank, in real terms, at an annualized rate of 1.3%. The economy of the United States generally also shrank, but at a slower rate, 0.6a%, and Minnesota’s decline was faster than 29 other states and the District of Columbia. For both our state and the United States generally, this was the second successive quarter in which the economy shrank in real terms.

Read MoreMinnesota’s Economy Isn’t Doing Well