The Minneapolis-St. Paul metro area is going to grow a lot in the next few decades, and Governor Dayton is proud to be leading Minnesota into a new era of increased output, population, and diversity.
According to demographic changes projected by the Metropolitan Council, the Twin Cities metro area will see substantial growth in overall population, population diversity, economic output and jobs over the coming three decades.
The Council projects that by 2040, the greater Minneapolis-St. Paul metro area will grow by 893,000 people, to a total of 3,743,000, and that 43% of the metro population will be people of color (up from 24% in 2010). This is a slower growth rate per decade – at roughly 9 or 10 percent – than the 15 percent the metro area witnessed in the 1980s and 90s.
On March 23, 2012, Governor Mark Dayton, U.S. Department of Health and Human Services Secretary Kathleen Seblius, U.S. Senator Al Franken, and Congresswoman Betty McCollum attended a roundtable discussion with women and mothers to discuss how the health reform law, the Affordable Care Act, has put Americans back in charge of their health since it was signed into law two years ago.
For over 70 years, National Dairy Month has been celebrated in the United States during the month of June to recognize the important role dairy plays in our nation. In the infographic above you can see some of the most important benefits dairy has for Minnesota, or, for more information, visit the website of the Midwest Dairy Association.
Beginning July 1st, Minnesota residents paying their taxes online by either credit or debit card will find the process easier, thanks to a change being implemented by the Minnesota Department of Revenue.
This is thanks to a new vendor—and new website—being used by the department to handle these payments. The new site, www.payMNtax.com, is run through Value Payment Systems, and features a digital time stamp to guarantee accurate records, an email reminder option to schedule future reminders for upcoming tax payments, and, eventually, an automatic scheduling option to ensure that taxpayers never miss their payments.
This past Tuesday, June 12, Lieutenant Governor Yvonne Prettner Solon showed her support for University Avenue’s locally-owned businesses when she attended “Lunch on the Avenue” at Ngon’s Bistro. Lieutenant Governor Solon met with business leaders from the Midway area including Midway Chamber of Commerce Board Chair Paul McGinley and representatives from the Minnesota Department of Employment and Economic Development (DEED) and the Met Council. Others who attended include Robert McPherson, an insurance risk consultant with Western Insurance Agency in St. Paul and Chris Ferguson, President and CEO of Bywater Business Solutions in Minneapolis.
As Governor Dayton leads the state’s trade mission to China June 8-June 17, he is joined by many businesses and organizations representing Minnesota agriculture. China is the state's top foreign market for agricultural commodities and related food products, accounting for more than a quarter of Minnesota's agricultural exports. Agricultural businesses, food service companies, and other farming organizations join the larger delegation with the goal of fostering trade relations between Minnesota and China.
Among the farming companies that compose the delegation is Knewtson Soy Products, a family owned and operated farm in Good Thunder, Minnesota that exports 90% of their soybean production to food and feed manufacturers, with customers in several Southeast Asian countries. Additionally, Hastings Co-op Creamery, a 98-year-old company currently marketing milk and milk products for 105 dairy farmer members/owners, and Superior Feed Ingredients, a company based in Waconia, will also join the Governor as members of the delegation.
Also included in the delegation are key members of the food service industry, such as Dombrovski Meats, based in Foley, Minnesota, a family owned company, wholesale manufacturer, and national distributor of the highest quality meat products [see featured profile below]; Midwest AG Enterprises, Inc., a Marshall-based manufacturer and supplier of high quality feed ingredients for the livestock industry in China; and Michael Foods, the world’s largest egg processing company, based in Minnetonka, whose newest facility is located near Beijing.
Today, Governor Dayton will lead a delegation on a ten-day trade mission to China, traveling to Beijing, Shanghai and Xian (the capital of Shaanxi Province) for market and industry briefings, business match-making events, networking events and meetings with key U.S. and Chinese government officials. The 50-member group of business, industry, education and government leaders will attend market and industry briefings, networking events, and meetings with key U.S. and Chinese officials.
The delegation will also host multiple receptions for top Chinese government officials and business executives to showcase Minnesota companies and export industries, as well as promote the state as an ideal destination for direct investment by China. Minnesota has had an official relationship with China since signing the sister-state agreement with Shaanxi Province in 1982.
As the trip unfolds, the Governor’s office will be covering the delegation in a special blog series that explores how trade missions foster new relationships via commerce, agriculture, trade, and the environment. You can get daily updates on the delegation by signing up for our e-mail list, checking back on the blog, or following Governor Dayton on Twitter and Facebook. We will showcase highlights of the delegation, highlight our sister-province relationship, and post photos of the Governor’s meetings across the state. We hope that you will travel along with us as the Minnesota delegation embarks on its trade mission across China.
In a recent Pioneer Press editorial, Commissioner of Revenue Myron Frans writes that "The primary concern for state policy makers and business leaders should be our state's overall business climate and economic prosperity.”
Minnesota ranks among the top places to do business in several studies, including:
The greater Minneapolis-St. Paul region is the 12th-best market in the U.S. for small business creation and growth, in a study by the Business Journal (2011).
Health care start-ups in Minnesota raised $88.3 million in investment during the first half of 2011 - more than any other state - according to a study by BioEnterprise.
Minnesota ranks 4th in the Midwest in venture capital funding for life-sciences start-ups, according a 2010 survey by BioEnterprise.
Minnesota ranks 5th in the The Beacon Hill Institute's most recent State Competitiveness Report (2010).
Minnesota places 7th in CNBC's annual ranking of the Top Places To Do Business.
In addition, Minnesota has been ranked among the top five states nationwide in the 2010 Camelot Index, according to the State Policy Reports, based on our economy, health, education, crime, society and government. Minnesota has a strong economic foundation, and a quality of life that makes it an attractive place to live and do business.
Governor Mark Dayton has issued a proclamation declaring April as Financial Literacy Month in Minnesota. Financial Literacy Month kicks off an unprecedented statewide outreach effort organized by the state’s newly founded ‘Interagency Work Group on Financial Literacy.’ Over the next four weeks, the work group will be coordinating nearly 40 outreach events, such as educational workgroups, financial trainings, and homeownership forums for Minnesota students, soldiers, families, and senior citizens.
Governor Dayton noted in his proclamation that, “Providing all Minnesotans the tools to make informed choices and avoid pitfalls helps improve their financial security.”
A new report issued by the Department of Employment and Economic Development (DEED) showed that Minnesota employers added 6,200 jobs to the state economy in February, marking three consecutive months of job growth in Minnesota. This is an important milestone in Minnesota’s economic recovery. The state has already regained half the jobs it lost during the recession.
Education and Health Services was the leading sector in job creation, adding 5,100 jobs last month. Other areas posting strong job growth include the Government and Leisure and Hospitality sectors. "The labor market recovery appears to be gaining steam, with three consecutive months of strong job growth," said DEED Commissioner Mark Phillips. "The state has now recovered 81,400 jobs since the recession."