Is Minnesota Making the Grade?

6 May 2019


A new report highlights progress, challenges.

Anchored by a workforce considered one of the best-educated in the country, Minnesota has given birth to numerous local businesses that have grown to crack the Fortune 500. General Mills, 3M, Target, Cargill, Medtronic, Hormel and CHS all are global brands made in Minnesota.

“We’re really proud of that ability to start and grow businesses here in Minnesota,” says Doug Loon, president of the Minnesota Chamber of Commerce. “That’s been the sustaining reality of our economy.”

For the fourth year running, the Minnesota Chamber recently released its “Minnesota Business Benchmarks” report, a comparative overview of the state’s business climate based on metrics such as overall health of the economy, taxes, innovation, infrastructure, workforce and cost of doing business.

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