Minnesota is "biggest gainer" in Forbes' annual "Best States for Business" ranking
There's been no shortage of good news about Minnesota's economy so far this year.
Image by Tatiana Craine
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.
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:
Recapping MN's economy under DFL-led #mnleg: 8th best state 4 biz, unemployment falling, credit rating upgraded, thousands of jobs created.
-- Matt Roznowski (@MattRoznowski) September 26, 2013
And from Luke Hellier, press secretary for the MNGOP's Senate caucus:
Glad the Republican budget put MN on a path to be 8th ranked for business http://t.co/nCferWawhQ
-- Luke Hellier (@lukehellier) September 26, 2013
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