Initiative aims to double Twin Cities exports by 2017

The plan was formed with the Brookings Institution based in Washington, D.C. Part of the program will help identify potential exporters that aren't aware of an international demand for their product. In 2010, the Twin Cities exported more than $17.5 billion worth of goods and services.
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The plan was formed with the Brookings Institution based in Washington, D.C. Part of the program will help identify potential exporters that aren't aware of an international demand for their product. In 2010, the Twin Cities exported more than $17.5 billion worth of goods and services.

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Related

2011 exports beat previous record

Increased demand for Minnesota-made goods in China, Japan, Canada, Mexico, South Korea, Belgium, Singapore and the Philippines helped boost exports in 2011 by $1.4 billion.

Minnesota exports break record in second quarter

Despite slowing economies in Asia and Europe, Minnesota exports broke a record in the second quarter, reaching $5.4 billion. The previous record was $5.3 billion in the same quarter last year. Minnesota increased exports to Canada, the state's largest foreign buyer, by 2.8 percent to $1.6 billion.

Minnesota companies ship $5B in exports during first quarter

Minnesota exports grew two percent in the first three months of 2012 to $4.9 billion, according to the Minnesota Department of Employment and Economic Development. Canada was the state's biggest export customer. Exports to South Korea and Mexico jumped roughly 25 percent.

Minnesota exports grow 12 percent from a year ago

The Minnesota Department of Employment and Economic Development says manufactured, agricultural and mining products were at record highs -- bringing in more than $5 billion. Canada, China and Japan are the state's largest export markets.

Luxury apartments in demand in Twin Cities

Looking to rent a place in the urban center, with all the amenities, close to shopping, gyms and a good coffee shop? Get in line. Developers are scrambling to meet demand for high-end apartment complexes in the Twin Cities. In the fourth quarter of 2011, Minneapolis issued permits to build 1,900 residential units in downtown alone, KARE 11 says.

Forbes: Only NYC worse than Twin Cities for renters

Forbes analyzed 44 major metro areas to find the best and worst cities for renters, and the Twin Cities was almost at the very bottom, worse than Washington, D.C. and San Francisco (although rents are cheaper here). The magazine looked at average rent in 2012’s first quarter; how much that price has changed year-over-year; vacancy rates; and the difference between the average monthly rental payment versus monthly mortgage payments.

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The metro area's population will grow by a third and the "gross metro product" will reach $400 billion during the next three decades, according to a report from the Metropolitan Council. "Our forecast finds that migration for economic reasons will be a strong factor in our expected population growth," says the council's chairwoman, Susan Haigh.

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