Sections

Weather Forecast

Close
Advertisement

Minnesota manufacturers optimistic

Email

ST PAUL - A survey shows 91 percent of Minnesota manufacturers expect production and employment levels to remain steady or increase in 2014.

Advertisement

The Minnesota Department of Employment and Economic Development and the Federal Reserve Bank of Minneapolis released the survey results Monday, and the state's top economic development official said it is good news.

"Manufacturing is an integral part of the state’s economy and it’s reassuring to hear industry leaders expect stability and growth for the coming year,” DEED Commissioner Katie Clark Sieben said.

The survey also revealed that 94 percent of manufacturers expect exports to increase or stay the same, 93 percent expect productivity to increase or stay the same and 80 percent expect profits to increase or stay the same.

Follow us on Twitter @DLNewspapers

Advertisement
Forum News Service
The Forum Communications News Service is the premier news wire service covering the Upper Midwest, stretching from the oilfields of western North Dakota to the plains of South Dakota and to the shores of eastern Minnesota. For more information about the services we offer or to discuss content subscriptions, please contact us.
Advertisement
Advertisement
randomness