SBA: 2021 Small Business Profile

13 Sep 2022
News
The Office of Advocacy has released the Minnesota 2022 Small Business Profile.
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Since 2013, the rise of e-commerce has caused such an enormous boom in industrial real estate that it has become the preferred asset class of many commercial real estate investors. At the heart of the e-commerce revolution has been Amazon. Even before the pandemic, the firm had around 192 million...

TCB: Minnesota Exports Hit Record High
Sep 13 2022Minnesota exports have risen 12% from this time last year, reaching a record high of $6.7 billion. Despite reaching the all-time high, Minnesota’s increase in exports is still below the national average.
That’s according to a Friday report by the Minnesota Department of Employment and Economic Development (DEED). The...

Finding quality workers has become a common concern for employers across the country. In northwest Minnesota, that scarcity is growing and is one of the most significant barriers to future economic growth. The Minnesota Department of Employment and Economic Development (DEED) estimates a 1.2% loss in workforce numbers by 2030...