Minnesota manufacturers expect stability in 2020
26 Feb 2020
Respondents to an annual Manufacturing Business Conditions Survey conducted by the Minnesota Department of Employment and Economic Development and the Federal Reserve Bank of Minneapolis say they expect mostly unchanged or improved conditions in 2020.
“It’s good news for Minnesota that the majority of manufacturers in our state expect stable or improved business conditions in 2020,” said Gov. Tim Walz. “Manufacturing is a cornerstone of our state economy, accounting for 14% of Minnesota’s GDP and 40% of all Minnesota jobs, either directly or indirectly.”
Click here to read full article.
More Topics
The Minnesota Chamber works year-round to strengthen the overall business climate for the livelihood of employers and employees alike. Our statewide economy is truly the sum of its parts.
The priorities of the statewide business community are center stage as we advance another aggressive agenda at the Legislature. Businesses...
Business owners invest in Minnesota’s future every day. They invest in their employees and their communities. They invest in their business needs – equipment, workforce – to grow, many times before company profit is a guarantee. These investments lay the foundation for small businesses to grow and create opportunities across...
Minnesota is stepping up its commitment to startups with another round of grants. On Wednesday, the Minnesota Department of Employment and Economic Development announced that it has awarded $450,000 to six organizations as part of its “Launch Minnesota” initiative.
The organizations will form the basis for the state’s Launch...