Manufacturers Report Increased Optimism for Business in 2025
February 10, 2025
Most Minnesota manufacturers expect improving or similar business conditions for 2025 compared to last year, according to an annual survey conducted by the Minnesota Department of Employment and Economic Development (DEED) and the Federal Reserve Bank of Minneapolis.
More than 85% of the survey's 232 respondents expect improvements or similar conditions within all the survey's key business and labor force metrics. Companies were especially optimistic about their order volume, production levels, investments in plants and equipment, profitability and productivity.