Economy of Minnesota Statistics and Data Trends: GDP ranking
WebAug 30, 2023 · In the 3rd quarter of 2023, the real GDP growth rate for Minnesota was 4.1% per year, compared with 0.7% the previous quarter. The latest data shows that Minnesota economic growth is lower than the US overall. Gross domestic production (GDP) estimates the size of an area’s economy.
Economy of Minnesota - Wikipedia
WebThe economy of Minnesota produced US$312 billion of gross domestic product in 2014. [8] Minnesota headquartered 31 publicly traded companies in the top 1,000 U.S. companies by revenue in 2011. [9] This includes such large companies as Target and UnitedHealth Group.
Minnesota - Agriculture, Manufacturing, Tourism | Britannica
WebEconomy of Minnesota. The economic growth of early Minnesota was related closely to the exploitation of its primary natural resources—soils, iron ore, and timber—which in turn stimulated the growth of such ancillary activities as railroad building, natural resource processing, and agricultural implement manufacturing.
Minnesota Economy at a Glance - U.S. Bureau of Labor Statistics
WebEconomy at a Glance. PRINT: Midwest Office. Minnesota. Data extracted on: May 17, 2024. Source: U.S. Bureau of Labor Statistics. Note: More data series, including additional geographic areas, are available through the "Databases & …
Minnesota's economy is still growing, but lags the U.S. as a whole
WebDec 5, 2023 · Minnesota's economic output slowed at the end of 2022 but accelerated in the first quarter of 2023, with a 2.2% bump driven by agriculture, retail and construction. In the second quarter,...
Minnesota economy in 2021 beat pre-pandemic level even with …
WebMar 31, 2022 · Business 600160995. Minnesota economy in 2021 beat pre-pandemic level even with fewer people working. The state's GDP rose 5.7% last year, in line with the nation's recovery pace, and beat...
Economy | MN Compass
WebEconomy. $350 billion. in economic output in goods and services. The manufacturing industry is responsible for the largest share of Minnesota's economic output. See the data. 2.93 million. jobs in Minnesota. After a sharp drop during the COVID-19 pandemic, Minnesota has steadily added back jobs. $82,338. is the median household income.
Minnesota economy remains on stable, solid ground with …
WebOct 11, 2023 · It has lowered slightly its forecast for the years 2025 to 2027 – from an average of 1.8% growth to 1.5% growth. Stronger economic growth often translates into higher individual income tax...
Minnesota Economic Trends / Minnesota Department of …
WebThis edition of Minnesota Economic Trends includes articles that highlight the benefits of employment programs for people released from correctional facilities; offer a primer on understanding recession indicators; analyze wage distribution and wage inequality in Minnesota; examine inflation and wage growth by industry and across states; and more.
Minnesota's economy slowed but remained resilient in last …
WebMar 31, 2023 · Minnesota's economy lost some momentum in the last three months of 2022 and continued to trail the nation's rate of growth. The state's gross domestic product (GDP), or the value of goods and...
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