Minnesota business owners are optimistic about growth


Minnesota business owners are generally optimistic about the future when it comes to the economy.

A study recently conducted by BMO Harris Bank has found that more than 90 percent of Minnesota business owners think both Minnesota's economy will improve and their company will grow in 2014.

Minnesota Business Magazine reports that compares to about 53 percent of American business owners who think their business will grow in the coming year.

"Businesses in Minnesota have a lot of reasons to be positive," said Minnesota region president of BMO Harris Bank, Todd Senger. "While we haven't been immune to the struggling economy over the past few years, we've recently enjoyed a relatively healthy job market and moderate growth."

Survey respondents listed the cost of living, lower taxes, talent pool, home-town feel, friendliness and good business as factors for some of the biggest advantages to doing business in Minnesota.

As a whole, the Midwest has fared much better than the nation has from the economic recovery.

Economic growth continued last year, but only 54 of more than 3,000 counties reported the same level of unemployment they had prior to the recession. Most of those counties were located in the midwest.

The unemployment rate in Minnesota dipped to 4.6 percent in November, well below nation's rate. The December data has not yet been released.

Next Up

lane-kueng-thao - edit

Trial of 3 ex-officers charged in George Floyd's death delayed to 2022

This comes after the U.S. Department of Justice filed charges against the officers last week.

Target Field

Twins: Target Field to return to 100% capacity from July 5

The Twins are increasing capacity for its May and June games, too.

Bob Kroll

Minneapolis City Council committee votes not to provide Bob Kroll defense in lawsuits

On Wednesday, the Policy and Government Oversight Committee voted to deny Kroll indemnification in four lawsuits he is named in.


Pandemic program gives eligible households $50 off monthly internet bills

The Emergency Broadband Program was passed by Congress as part of a COVID-19 relief package in December.

Twitter -  Jennifer McDermed glitch - FOX 9

FOX 9 meteorologist's glitchy, laugh-filled forecast goes viral, features on Fallon

The FOX 9 meteorologist's clip was shared on 'Jimmy Fallon' and 'GMA.'

police lights

Suspects, possibly armed, flee after gunshots and car crash in Bemidji

Police say they may be armed, and are asking the public for tips.

Kevin Fiala, Jordan Greenway

Wild blanked by Blues; playoff fate is in Colorado's hands

It comes down to the final day of the regular season.

Screen Shot 2021-05-12 at 10.04.32 PM

Number of suicides in Minnesota decreased in 2020

While the number dropped, 723 people still died by suicide last year.

Vikings fans, U.S. Bank Stadium

Ranking the most difficult games in the Vikings' 2021 schedule

The Vikings have some interesting matchups on their 17-game slate.


More business owners see improvement in Minnesota economy

31 percent of Minnesota business owners and managers surveyed by the state chamber of commerce and a public relations firm see the state's economy improving. That's up from just 13 percent in last year's Business Barometer survey. As for what obstacles they face, high taxes was the most common concern followed by health care costs and finding qualified workers.