State economy: Minnesota still strong

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A Federal Reserve Bank official says threats to the U.S. economy because of overseas financial troubles are exaggerated. And he says Minnesota's economy remains especially strong. Minnesota Public Radio's Eric Jansen reports: --------------------------------------------------------- | D-CART ITEM: 1516 | TIME: 2:23 | OUTCUE: "...SOC --------------------------------------------------------- Minneapolis Federal Reserve Bank vice president and chief researcher Arthur Rolnick describes as 'short-sighted' news media accounts predicting that economic problems in Asia will adversely affect the U.S. economy. Rolnick says the U.S. economy is strong and resilient, and that business with Asian countries is only a small part of it. He says Minnesota's economy mirrors the national economy. Some businesses are having problems, he says, but overall, it's diverse enough to take the strain:

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