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Minnesota Small Business Outlook Slows | Duluth News
Minnesota small businesses are feeling a bit more cautious than the national average, with their optimism index dipping 1.3 points to 97.2. Key areas like job openings, future economic expectations, expansion plans, and inventory are lagging behind the U.S. trend. But there’s a silver lining: owners are planning to boost capital spending on equipment and assets. Still, a major concern is the new Paid Family and Medical Leave program, seen as a regulatory hurdle, alongside a cooling labor market with fewer job openings — creating a tricky balance between growth ambitions and current headwinds…
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