Navigating the 2021 Business Benchmarks
Click each section to read firsthand accounts on how these issues are impacting Minnesota's business...
To ensure we have the system we need, our goal on behalf of the business community is to secure sustained and strategic investments in our state’s infrastructure.
Support sensible regulations that will allow Minnesota to maintain a clean environment and healthy business climate to foster economic growth.
Health insurance is an increasingly important benefit, allowing employers to attract and retain talent in the marketplace and ensure their employees stay healthy and productive at work. And yet employers – especially small employers – are struggling with the high cost of health insurance. At the Chamber, one of our top priorities is to ensure quality health care is affordable and accessible to all Minnesotans while enhancing the ability of employers to provide coverage to their employees
Taxes continue to be a top issue for the business community at the Capitol. Minnesota’s been among the highest-taxed states for years, yet the Legislature continues to look to propose business tax increases that make us less affordable.
The 2019 Business Benchmarks report was released today at the Minnesota Chamber’s Annual Meeting. This annual report compiles key indicators that define our business climate – where Minnesota ranks compared with other states – to identify the state’s strengths as well as areas for improvement for Minnesota to compete in the global economy. Comprehensive, objective data were compiled from sources such as state and federal agencies.
Key findings include:
- Innovation remains a strength of the state’s homegrown economy.
- Minnesota’s economy is growing but at a slower pace compared with many other states.
- Minnesota saw a slight improvement in tax rankings,...