Staff Directory 6370513

Evan Ramstad

Columnist | Business
Phone: 612-673-4241

Evan Ramstad is a Star Tribune business columnist.


He moved to the Twin Cities and joined the Star Tribune in 2013. Ramstad previously worked for The Wall Street Journal in Seoul, Hong Kong and Dallas, and the Associated Press in New York, Washington and Dallas and briefly at the St. Paul Pioneer Press. He grew up in Grinnell, Iowa, where he got a start in journalism at radio station KGRN.
Recent content from Evan Ramstad
Minnesotans enroll in Medicare Advantage plans at higher than the national average. The business is going through major changes this year.

Ramstad: Get ready seniors, Medicare enrollment may be wild this fall

Choosing a Medicare plan is a big moment every year for seniors. This year holds special challenges.
Denishia Moore, with a picture of herself in the background on Wednesday, owns a modeling school and belongs to the Lions Club in Osseo.

Ramstad: 'X-factor' in unraveling Minnesota Paradox is building friendships across racial lines

Economists call it 'social capital' and it plays a big role in overall well-being.
Nathan Grawe, economics professor at Carleton College and author of two books on demographic change and higher education.

Ramstad: Financial aid crisis ends, but shrinking market looms for Minnesota colleges

Carleton economist says colleges can insulate themselves from demographic cliff by retaining more students.
Former president Donald Trump and Vice President Kamala Harris will meet for the first time in their presidential debate in Philadelphia on Tuesday.

Ramstad: 9 questions about Minnesota's economy for Harris, Trump

They may be running to lead the nation, but imagine if they only talked about Minnesota.
Vice President Kamala Harris and former President Donald Trump.

Ramstad: Trump, Harris miss the main point on the economy

Trump's promise to deport workers would spark a recession and likely reignite inflation.
Dr. Joseph Lee, chief executive of the Hazelden Betty Ford Foundation, outside the institution's original home in St. Paul in August.

Ramstad: At Hazelden Betty Ford, the expectation is to be the best

The language of recovery is everywhere, but the funding for mental health care is not.
Isabella Rhawie, interim vice president for revenue development for the Metropolitan Airports Commission, near shops and restaurants in Terminal 2 tha

Ramstad: Speed is key as MSP Airport seeks new restaurant and shop owners

Some will need a connection to a national brand. All will need to know how to keep lines moving.
During a turnaround at Pine Bend Refinery, thousands of contract workers join employees of Flint Hills Resources in the shutdown and maintenance of op

Ramstad: At Minnesota's largest refinery, workers prevented a shutdown at vulnerable moment

A breakdown during a big maintenance event tested the skills of thousands of engineers and trades professionals last fall.
Auden Skattebo, CEO of Norway-based Tinde Hytter, and Orlyn Kringstad stand beside a home designed, built in parts and shipped from Norway. It is one

Ramstad: In Tower, a vision to quickly build sustainable homes turns real

Last week, carpenters from Norway showed Minnesota carpenters how to quickly assemble cottages on a channel to Lake Vermilion.
A fight over where to place affordable housing continues to rage in the Twin Cities. It boils down to segregation vs. integration.

Ramstad: Minnesota needs affordable housing to be available in more places

A fight over where to place affordable housing continues to rage in the Twin Cities. It boils down to segregation vs. integration.
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Ramstad: Walz, Suni can reach millions, so why is it so hard for businesses?

Digital platforms have soaked up so much data on consumers they have made it too hard for marketers to precisely reach their targets.
Abundant free-market choice in schools has led to racial segregation across the Twin Cities.

Ramstad: We are choosing to separate by race in Twin Cities schools

Many schools in the metro area are dominated by students of a single race, just as parents chose.
Vice presidential candidates Sen. JD Vance of Ohio, left, and Gov. Tim Walz of Minnesota, right, in a composite of two photos.

Ramstad: Walz, Vance align on some economic ideas, tapping into mood of failed American dreams

Harris is certain to agree with Walz, while Trump is unpredictable as Vance pushes GOP in new direction.
Light and dark arrows pointing in opposite directions over a file photo of white and black school children in the 1950s.

Ramstad: Fixing the 'Minnesota Paradox' is not just moral, it's an economic imperative

Minnesota became one of the most prosperous states in the country, but in an uneven way. That's a challenge because the state's future growth depends on people who were left behind historically.
Minnesota consumers and the overall economy are under pressure from high interest rates, though the labor scene is strong. In this photo, Brian Lubahn

Ramstad: Getting Minnesota's numbers straight as spotlight hits Walz, Fed nears rate cut

The economy is always a mixed bag, but Minnesota's is in a slightly unusual place at the moment.
U.S. Rep. Pete Stauber accepted an endorsement from International Union of Operating Engineers Local 49 during an event at the Seafarers Center in Dul

Ramstad: Who's got the real power? Trump or the unions?

Working people are already part of Donald Trump's base. The unions are flexing their muscle.
President Joe Biden, who announced on Sunday he would end his re-election campaign, exits the stage during the NATO Summit in Washington earlier this

Ramstad: Biden, Trump show how hard it is to let go of power, identity

The decision to retire is the closest most people will get to how Biden feels.
The campaign rally site in Butler, Pa., after it was evacuated following the assassination attempt on former President Donald Trump on Saturday.

Ramstad: In a chaotic moment, Americans still have power over what's next

Sharon McMahon, nicknamed "America's Government Teacher," describes the power of choosing hope.
On the left side of this Iowa field, a derecho blew down traditional tall corn in August 2020. On the right side, short-stature corn from Stine Seeds

Ramstad: In a big change to nation's corn, you might soon see shorter stalks

Shorter corn planted closer together changes the math for farmers and provides a hedge against storms.
Human progress can harm the environment, but that very same progress creates wealth to make the environment better. File photo of a barge carrying gra

Ramstad: Human progress is not the enemy of the planet

The notion of a tradeoff between the environment and prosperity is becoming outdated.
Former President Donald Trump speaking during the first 2024 presidential election debate with President Joe Biden last Thursday.

Ramstad: What Trump's re-election would mean for Minnesota's economy

He doesn't see that Minnesota and the Midwest are slumping.
FILE - This Feb. 16, 2017 file photo shows newborn babies in the nursery of a postpartum recovery center in upstate New York. According to a governmen

Ramstad: Readers say Minnesota needs 'reasonable' growth, more babies and the Twin Cities connected

Our columnist is always surprised there's even a debate about growth.
Gov. Tim Walz, Bill English and Devean George at the groundbreaking event for George Modular Systems in Minneapolis on June 18.

Ramstad: Devean George's new factory isn't just a feel-good project

George Modular will be at the leading edge of construction methods.
House Speaker Melissa Hortman, DFL-Brooklyn Park, at the dais near the end of the 2024 legislative session.

Ramstad: It's easier to assess a for-profit business than Minnesota's government

Accountability can be a bit dodgy, as the state has shown in recent weeks.
Anoka has been the home of Federal ammunition for more than 100 years.

Ramstad: Alarm over foreign buyers of Minnesota businesses has become excessive

Election-year politics add drama to deals.
South Koreans on lunch break one afternoon last month enjoyed Cheonggyecheon, a park on a stream that cuts through the heart of Seoul. The country has

Ramstad: Minnesota needs to work on its slow growth future now. Just ask South Korea

On a trip to Asia, our columnist meets people who wish they'd acted sooner on the demographic slowdown.
The water tower in Kennedy, Minn., was frozen and damaged in 2017, leaving the small town to rely on ground-level supply from a rural system. Town off

Ramstad: Minnesota should be impolite, call a special session and pass a bonding bill

Minnesota legislators seem to have forgotten their first job is to make the state run.
Minnesota State Economist Laura Kalambokidis will step down on June 30 after 11 years in the role

Ramstad: After 11 years as Minnesota's state economist, Kalambokidis leaves the post

She learned a lot by working with people who make big decisions about money.
Ramstad: Amid high interest rates, dividend investing back en vogue

Ramstad: Amid high interest rates, dividend investing back en vogue

Interest rates aren't going back to ultralow levels, which means companies paying dividends have an edge attracting investors.
Renderings of proposal to turn Interstate 94 between the downtowns of Minneapolis and St. Paul into a boulevard.

Ramstad: Cutting out I-94 seems fantastical, especially in slow-to-grow St. Paul

It could happen, though, and that would change the metro economy massively.
Rebecca Bergman has been president of Gustavus Adolphus College in St. Peter, Minn., since 2014. She will retire next year.

Ramstad: Gustavus president Bergman calls aid glitch a 'massive disruption'

While attention focused on Gaza protests, colleges don't know who will be enrolled this fall.
Minnetonka Mayor Brad Wiersum, visible on the screen and in the middle of the dais, spoke shortly before the Minnetonka City Council on Monday night a

Ramstad: Minnetonka council meeting shows compromise on affordable housing is possible

Making change in an old neighborhood takes tough negotiating and thick skin.
Jerome Riley networks and gets some mentorship from a U.S. Bank representative during the annual People of Color Career Fair at the Minneapolis Conven

Ramstad: In a tight labor market, job fairs have changed to find people on the margins

Organizers are trying to help people who have been on the margins of the labor market, as demand for workers remains high.
Minnesota welcomes you sign at the state border

Ramstad: Minnesota demographer takes deeper look at migration, workforce pressure

Every business owner and executive should read it to understand the consumption, labor trends.
In this file photo, a COVID-19 patient uses the touch screen of a health care robot at 'Ospedale di Circolo' hospital, in Varese, Italy on Wednesday,

Ramstad: Health care is a tough arena for AI to make a difference

AI models are meeting their match with the complexity of how people take care of themselves.
Retirees are not moving to Minnesota "like crazy," a conclusion our columnist drew by using Census data in the wrong way. About 3,700 retirees left th

Ramstad: Misinterpreting data led me to the wrong conclusion about Minnesota retirees

My misreading undermined and distracted from my main point about fewer working-age Minnesotans.
A 219-unit apartment complex is under construction on the site of the former YMCA near downtown Rochester. The project, called First & Banks, is being

Ramstad: How Rochester is keeping its housing growth on track

Most places in Minnesota are in dire need of more housing. The state's fastest-growing city updated its zoning code to help meet demand.
It's tax time as the deadline arrives for filing 2023 income tax returns.

Ramstad: Think retired people are leaving Minnesota? Think again.

It's a myth that Minnesota is losing retirees because of weather and high taxes. They're responsible for our population growth these days.
Cropped shot of an unrecognizable doctor holding a stethoscope

Ramstad: Some Minnesota doctors bristle at state employee insurer's view of them

The state budget office runs employee insurance, giving it surprising power over doctors and clinics.
Chippewa Valley Ethanol Company general manager Bill Lee intends to gasify corn cobs to help to power his Benson Minnesota ethanol plant. Right now th

Ramstad: The debate over ethanol's future stalls push for less-harmful gasoline in Minnesota

Environmentalists who favored a low-carbon fuel standard in the past now think its time has gone.
Fifth graders Aiza Khan, left, and Amun Mahgoor studied math at Global Academy in New Brighton on Tuesday.

Ramstad: Twin Cities' charter Global Academy is still run by teachers

For years, the school has stood out on the Star Tribune's "beating the odds" report card.
Rideshare drivers waited in a remote lot at Minneapolis-St. Paul International Airport last week. Uber and Lyft plan to leave the Twin Cities market a

Ramstad: Stop hitting yourself, Minnesota

With the state's population leveling off, there's less room to do things that feel good politically but create economic pain.
Kara Swisher, right, author of "Burn Book: A Tech Love Story," spoke at the Westminster Town Hall Forum at Westminster Presbyterian Church in Minneapo

Ramstad: Famed tech journalist Kara Swisher burns it all down

In a Minneapolis, Swisher describes her tough-love relationship with Silicon Valley and her admiration for Sen. Amy Klobuchar's attempts to rein in the tech industry.
"By doing away with single-family zoning, the city takes on high rent, long commutes, and racism in real estate in one fell swoop," announced Slate.

Ramstad: Readers defend local control of housing, question weather data

It's the first reader feedback column of the year.
GLEN STUBBE * gstubbe@startribune.com Thursday, October 4, 2007 -- Minnetonka, Minn. -- UnitedHealth Group Headquarters in Minnetonka, Minn.

Ramstad: Cyberattack shows UnitedHealth is too big to fail

The finances of hospitals and clinics across the country were disrupted by a cyberattack on UnitedHealth Group.
3M lifer Mike Roman just completed his first year as the company's CEO and has been appointed board chairman. He took the helm while battling two diff

Ramstad: Roman's hard choices as CEO put 3M on cleaner, leaner path

Bill Brown takes the reins at 3M, after Mike Roman checked off a daunting to-do list in his final year.
The Immigration Court at Fort Snelling has a backlog of about 38,000 cases, about 1% of the backlog across the country.

Ramstad: U.S. immigration needs a remedy, and Minnesota's economy could benefit if done well

It's hard to say whether we're getting our fair share of costs or benefits from the situation at the U.S.-Mexico border.
In this Wednesday, Oct. 23, 2019, photo Target CEO Brian Cornell poses for a portrait during a Target Holiday Outlook event in New York. (AP Photo/Mar

Ramstad: After a remarkable decade atop Target, CEO Cornell is still fixing big mistake of 2022

Brian Cornell forecasts more store growth for Target than anytime in his tenure.
Bills to supersede local zoning rules and encourage more home construction were initially portrayed as focused chiefly on affordable housing, in part

Ramstad: The house next door may become a duplex, and you'll be just fine

Here's why it's a good thing that the Legislature will likely to erode local control over zoning and other property rules.
Jesse Anderson of J&A Logging prepares to lift a set of logs just after they cut. Timber production is down in Minnesota this winter because many fore

Ramstad: Most of Minnesota's logging happens in winter, when there is a winter

The state's timber crews got a late start and an early finish to their busiest time of the year.
In May 2022, a haboob windstorm tore the roof off Blade's Store in Holmes City, Minn., where co-owner Julie Rice lives. The roof was repaired that fal

Ramstad: High winds, high claims brew an insurance storm in Minnesota

Recoveries take time these days as contractors charge more and insurers try to restrict payouts.
State legislators, congressional aides, consultants, license inspectors and others met at Leo Augusta Academy in Blooming Prairie on Feb. 8 to discuss

Ramstad: Minnesota fell behind on child care, now needs it to get more parents working

Beyond economics, help for child care means deciding to invest in kids before age 5.
Minnesota's top lawmakers discussed the new legislative session at a dinner hosted by the Minnesota Chamber on Feb. 12. From left, Sen. Mark Johnson,

Ramstad: Minnesota's top lawmakers show they sensibly grasp immigration and economic needs

The national immigration debate is a mess, but Minnesota's legislative leaders understand its complexity and economic importance.
a lab-grown diamond next to a natural diamond

Ramstad: There's never been a better time to buy a diamond ring

Technology is changing the jewelry we wear as fast as it is the cars we drive.
Along with DFL legislative leaders and his commissioners, Gov. Tim Walz threw a bill-signing party Wednesday morning on the Capitol steps.

Ramstad: Walz says he's willing to say 'no' to legislative allies

With budget constraints showing, Minnesota governor anticipates 'one of the more challenging' legislative sessions he's faced.
Mitch Vestal pours the product he developed, PlaySafe Ice Blocker, into a sprayer. The solution blocks ice from forming on driveways and sidewalks.

Ramstad: Ice-melt entrepreneur says it's time to change the way we combat slick sidewalks

For about five years, Mitch Vestal has been trying to sell people on a proactive approach to icy sidewalks and driveways.
The main street in Long Prairie is a mix of Mexican, Chinese and pizza restaurants, bars, clothing stores and small groceries like this one.

Ramstad: This Minnesota town can defy rural trends of decline, but first must overcome prejudice

A food processing town, which found the spotlight because of a local fight on workforce housing, is taking a deeper look at its economic future.
Tonya Allen, chief executive of the McKnight Foundation, at an event in Minneapolis in October 2023 for its GroundBreak Coalition initiative.

Ramstad: Why Minnesota's biggest development initiative starts with Black home ownership

A $5 billion effort led by the McKnight Foundation to help Black entrepreneurs and families represents a change in thinking.
Eric Anthony Johnson, chief executive officer of Aeon, a Minneapolis-based provider of affordable housing

Ramstad: Minnesota's affordable-housing providers should be trying to go out of business

Fresh off a funding windfall is the wrong time to ask taxpayers for more money.
Housing construction fell 35% in the Twin Cities in 2023 compared with 2022. That makes sights like this — two houses being built next to each other

Ramstad: Interest rates crimp Minnesota's new home construction, which we need for affordability

Residential real estate is a mixed picture in a market that needs construction to maintain its affordability.
An infant in a Kela maternity package box, which is distributed — filled with bedding, infant clothing and other useful items — to all new mothers

Ramstad: We've got to stop telling ourselves we can't be as good as other countries on child care

Americans always tell themselves they can't be like Scandinavians. With child care, the time may come to try in Minnesota.

Ramstad: Minnesota has worked one side of the child-care problem. The next step is to copy Iowa.

The idea of incentives for employers to create child-care centers in workplaces is taking off in Iowa and New York.
Striving for certainty of outcome and the reduction of risk, NASA’s strict control of astronauts on the third crew of Skylab led to a brief revolt i

Ramstad: As a new year begins, it's OK — even valuable — to be uncertain

Politicians will say things are certain. Businesses will seek teamwork and certainty. Innovation and change happen when things are not certain.

Ramstad: It's time for Minnesota to allow taller buildings with a single staircase

The state needs to keep housing affordable, and that can only happen if more types of housing are allowed to be built.
Two jetbridges were connected together at Minneapolis-St. Paul International Airport for most of the year. They formed a hallway to funnel arriving in

Ramstad: Those connected jetbridges at MSP looked funny, but they did the job

With construction outside Concourse G, where Delta's international flights arrive, the airport needed a secure way to funnel passengers to U.S. Customs.
3M’s decision to sell its resort in northern Minnesota became an emblem of even bigger change at the company that, for decades, was the state’s la

Ramstad: As year ends, 3M's resort is still for sale and many Minnesota employers still seek workers

Our columnist catches up with some of the people who helped him out this year.
The new Carlson School of Management dean Jamie Prenkert speaks during renovation kickoff event for Carlson School of Managementon at the University o

Ramstad: New dean of U's Carlson business school arrives amid university transitions

Jamie Prenkert came from Indiana and right away picked up on a particularly Minnesota trait.

Ramstad: Oops, Minneapolis economists explain to me how inflation can cool without recession

In this reader response column, our business columnist admits he fell for conventional wisdom about inflation, which economists here in Minnesota challenged 50 years ago.

Ramstad: Hamline University class tests AI, discovers it's no replacement for critical thought

Political scientist David Schultz, after letting students use AI as they wished in classes this fall, finds it wasn't a game-changer.

Ramstad: State spent everything everywhere all at once, then reality bit

Revenue poured into state coffers over the last two years, leading to a huge jump in spending. That's all over now.

Ramstad: Minnesota is losing independent pharmacies, victims of scale, efficiency

Legislation to relieve financial pressures on pharmacist-owned drugstores was stymied in Minnesota. Industry consolidation and PBMs have made it challenging for independent pharmacies.

Ramstad: In the St. Paul school district, a play for student market share is paying off

After closing some schools in 2021 and 2022, St. Paul Public Schools opened East African Magnet Elementary this fall and regained some market share lost to charters and nearby districts.
Amalia Moreno-Damgaard prepared a meal in her kitchen and studio in Eden Prairie. A media personality and caterer, she led the Minnesota chapter of th

Ramstad: Minnesota will never see an economic force like the one created by women in last 40 years

NAWBO-Minnesota is hitting stride again by bringing young entrepreneurs together with the women who changed Minnesota's business scene over the last few decades.
Brian Funk, chief operating officer of Metro Transit, left, with Lesley Kandaras, general manager and Carrie Desmond, manager of electric bus infrastr

Ramstad: Switching bus fleets to electric will be more of an evolution than revolution

The expectation that EVs would quickly take control of the car market took a big hit in 2023. Transit operators are also learning some hard lessons about battery-powered buses.
Christ Chapel, at the center of the campus of Gustavus Adolphus College in St. Peter, and the Nobel Science Hall on the left.

Ramstad: How one of Minnesota's best-performing colleges confronts declining enrollment

Gustavus Adolphus scores highest of any Minnesota school on New York Times and Wall Street Journal college rankings.