According to Moody’s, the Greater Minneapolis Saint Paul region is a top region for high earnings and low costs.
We found that young adults surveyed in our region are quite career focused and these concerns were key in selecting the Greater MSP region as home.
The Greater MSP region has received recognition lately for its positive business climate. CNBC recently released its ranking of the top states for business and Minnesota landed in the #6 spot. The rankings looks at a variety of factors including the economy, the cost of doing business, business friendliness, infrastructure, quality of life, education and a myriad of others.
The Minneapolis/Saint Paul region is host to over 24,000 employed engineers – ranked 14th nationally. The region also graduates over 1,300 engineers in multiple programs at the BS,MS and PhD levels, primarily from the University of Minnesota‐Twin Cities and the University of Saint Thomas.
Small business confidence is growing in the Greater MSP region. Hear from two of our region's small businesses and a U.S. Bank expert.
The New York Times story, In Minneapolis, a Blueprint for a Bustling Downtown, featured the $400 million stadium-related development called Downtown East.
This Wall Street Journal column also took notice of the project that's expected to transform Greater MSP's downtown Minneapolis. The five-block project includes plans for two 18-story office towers for Wells Fargo, a six-level parking ramp, about 24,000 square feet of retail space, 193 apartments and a four-acre urban park near the stadium’s northwest corner.
The Greater MSP region is prospering and gaining momentum. A number of sources have confirmed this in their own way, and when put together, paints a very positive picture of our region’s workforce, business climate and economy. May unemployment figures for our region were released recently and the Minneapolis Saint Paul region has an unemployment rate of 4%. This is over two percentage points below the national average of 6.1% and is the lowest of any major market in the U.S.