Business Climate

Minnesota has four distinct seasons, but our business climate is always warm and sunny, with ideal conditions for growth.

Strong pro-business policies. Competitive tax rates. Favorable workers' compensation costs. Lower operating expenses. R&D tax credits. Streamlined regulatory processes.

These are just a few of the tremendous competitive advantages that consistently rank Minnesota as one of the top states for business and have helped thousands of companies turn mere potential into outstanding achievement.

High-Ranking Performance

Minnesota routinely ranks as one of the best, most competitive places in the nation for business.

Taxes and Operating Expenses

Competitive business taxes are a distinct advantage when it comes to the costs of doing business.

World-Class Support Services

Abundant professional, technical and creative services to help companies succeed.

Exports and Trade

Minnesota is globally competitive and has had export growth every quarter for more than two years.

Compare Minnesota

See how we stack up against any other state or states using key economic indicators.

Compare MSAs

See how Minneapolis-St. Paul stacks up against other major U.S. metropolitan areas.