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Minnesota state economist: Recession unique in speed of arrival, unequal effects on different retail sectors

Data from the Minnesota Department of Revenue, and a conversation with Minnesota's state economist, confirms what you may have noticed in your community: While lines are out the door at home improvement retailers, the economy is being hurt by lack of consumer spending on services, and the downturn may linger if people do not feel it is safe to spend again.
Source: https://www.bemidjipioneer.com

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