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August

August

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Median Sales Price of Rochester Homes Up 11% This Year

There were some signs of stabilization in Rochester’s housing market last month, but across the region it remained very much a seller’s market.

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downtown Rochester parking ramp
Kim David/Townsquare Media
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Rochester Saw $65 Million in New Construction Last Month

There was a dip in new home construction in Rochester, but the boom in commercial construction continued last month.

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photo by VIPDesignUSA
photo by VIPDesignUSA
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Rochester Area Jobless Rate Only 2.8%

Olmsted County was tied with Mower County for having the lowest unemployment rate in the region last month.

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U.S. Unemployment Rate Drops To 4.3 Percent, Lowest Level In 16 Years
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Minnesota Unemployment Rate Slightly Higher in August

Job growth in Minnesota slowed last month, causing a modest increase in the jobless rate.

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Minnesota Enjoyed Strong Income Tax Payments in August

The State of Minnesota enjoyed higher than predicted tax collections in August.

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