Minnesota economy in 2021 beat pre-pandemic level even with fewer people working

Minnesota economy in 2021 beat pre-pandemic level even with fewer people working Main Photo

31 Mar 2022


News, Arrowhead Electric Cooperative, Itasca Mantrap Cooperative Electrical Association, Cooperative Light & Power, Dakota Electric Association, East Central Energy, federated rural electric association, kandiyohi power cooperative, Lake Country Power, Lake Region Electric Cooperative, mcleod cooperative power association, meeker coperative, Mille Lacs Energy Cooperative, Minnesoota Valley Electric Cooperative, runestone electric association, stearns electric association, Steele-Waseca Cooperative Electric, Todd-Wadena Electric Cooperative, Wright-Hennepin Cooperative Electric Association

Minnesota's economy fell harder than the nation's when coronavirus hit in 2020, but the state matched the pace of the national recovery in 2021.

The state's real gross domestic product — its total output of goods and services, adjusted for inflation — rose 5.7% to $345.2 billion last year, the U.S. Commerce Department said in a release of preliminary full-year economic data for states Thursday.

Click here to view the original article from the Star Tribune.