Minnesota is "biggest gainer" in Forbes' annual "Best States for Business" ranking

Categories: Economy, Lists
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Image by Tatiana Craine
There's been no shortage of good news about Minnesota's economy so far this year.
Minnesota is the eighth best state for business, according to the 2013 version of Forbes' annual ranking. That's up from 20th last year and represents the biggest jump of any state.

SEE ALSO: What economic recovery? Mpls donut shop hiring... an unpaid intern

Forbes writes that Minnesota's jump comes "on the strength of an improved economic outlook."

"The Minneapolis-St. Paul metro area serves as the state's economic hub, with companies such as Target, U.S. Bancorp, General Mills, 3M and Medtronic headquartered there," Forbes writes. "Minnesota has the second highest percentage of adults with a high school degree at 92.5%. With its good schools, low poverty rate and healthy population, the state also scores well on quality of life measurements."

The top state on the list is Virginia, followed by oil-booming North Dakota. Wisconsin ranks 41st.

You'll be surprised to learn that both DFLers and MNGOPers quickly tried to claim credit for Minnesota's jump, with Republicans saying it's thanks for a budget passed when they were in control of the legislature, and Democrats crediting it to Mark Dayton and the DFL's current stewardship of the state.

From Matt Roznowski, communications specialist for the DFL's House caucus: And from Luke Hellier, press secretary for the MNGOP's Senate caucus: -- Follow Aaron Rupar on Twitter at @atrupar. Got a tip? Drop him a line at arupar@citypages.com.


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14 comments
Ryan Voltz
Ryan Voltz

Scott Walker sure is doing a bang-up job in Wisconsin. Coming in at a solid 41.......

Walter Hudson
Walter Hudson

Of course, the conditions measured for this ranking lag behind the adoption of public policies which affect them. So the MNGOP claim carries more weight. We'll see how the ranking is affected in the next couple of years, which will better reflect the effect of DFL control.

Mark Witte
Mark Witte

they are leaving wisconsin for minnesota. Thanks scott walker.

Cecilia Coelho
Cecilia Coelho

Patricia Fernandes Boettner Paul Boettner Marcus Fernandes

Carla Mayer
Carla Mayer

He meant to say estate and gift taxes.

TheConservativeJerk
TheConservativeJerk topcommenter

People, the democrats policies and taxes did not go into effect until July 1st.  This study was did on data up to that point. 

The knee jerk reaction of people to toot their own horn...

Janet Wolnik Robles
Janet Wolnik Robles

And yet our governor is "liberal" and his opponent claimed that if he were allowed to win, our taxes would rise so high that all companies would flee to (ahem) North Dakota and we'd be one big collectivist gulag in no time. Because, you know, "business haters".

brill029
brill029

You mean low taxes and minimal regulation aren't the only things that attract businesses? 

OUTRAGE!

William Davis
William Davis

But I thought liberals love taxes and hate freedom and all of our businesses would be lined up to flee the state?

WatusiJenkins
WatusiJenkins

@brill029

Well, with that line of thinking, if Democrat budgets worked so well, can you explain Illinois and California?

MicheleBachmann
MicheleBachmann topcommenter

@WatusiJenkins  Great point moron.   Who would ever want to live in LA, San Francisco or Chicago?   It's hilarious you think California is some hell hole.  It really sucks with all sunshine, hot girls, and amazing pot.  Fucking dork.  You keep going to Sioux Falls.  It really is the best vacation spot.  

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