Minnesota manufacturing: Growth year projected

“We actually have not seen a downturn since 2014,” DEED spokesman Monte Hanson said, adding Minnesota’s rate of adding jobs year over year is 0.9 percent versus the national average of 0.5 percent. “We are almost double the national rate.”

Enterprise Minnesota, a consulting organization that helps manufacturing companies and is chartered to help medium-sized and smaller manufacturers compete and grow, releases an annual report on the state of manufacturing in Minnesota.

“Minnesota’s small- and medium-sized manufacturers are incredibly optimistic about the prospects of their companies over the coming year,” according to the ninth annual State of Manufacturing survey. The survey uses telephone interviews with over 400 manufacturing executives throughout the state, meetings with 10 focus groups with manufacturing executives. In addition the survey includes three focus groups with college…

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