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Minnesota's economy is one of the most diverse in the nation
with more than 90 percent of all major U.S. industries located in the state.
Its economy grew 25 percent faster than the U.S. economy between 1990 and 1999.
|
SIC Code |
Industry |
1999 Establishments |
1999 Employment |
1990-99 % Change in Employment |
1997 Value of Shipments (millions) |
|
35 |
Industrial Machinery & Computers |
1,789 |
78,434 |
1.2% |
$11,981 |
|
27 |
Printing, Publishing, & Allied Industries |
1,714 |
55,350 |
6.6% |
$6,893 |
|
20 |
Food & Kindred Products |
566 |
52,894 |
7.1% |
$15,651 |
|
88 |
Scientific Instruments |
43 |
40,944 |
23.7% |
$5,637 |
|
34 |
Fabricated Metal Products |
890 |
36,798 |
6.7% |
$5,786 |
|
36 |
Electronic Equipment, (except computers) |
434 |
34,610 |
15.4% |
$5,567 |
|
26 |
Paper & Allied Products |
152 |
29,665 |
-13.2% |
$4,200 |
|
24 |
Lumber & Wood Products, (except furniture) |
710 |
21,509 |
26.9% |
$ 2,963 |
|
30 |
Rubber & Misc. Plastics Products |
452 |
19,614 |
30.9% |
$ 2,913 |
|
87 |
Transportation Equipment |
249 |
15,043 |
32.6% |
D |
|
All Manufacturing Industries
|
9,195
|
439,369
|
1.2%
|
$78,725
|
|
SIC Code |
Industry |
1999 Establishments |
1999 Employment |
1990-99 % Change in Employment |
1997 Value of Shipments (millions) |
|
80 |
Health Services |
6,433 |
243,70 |
20.0% |
$9,660 |
|
82 |
Educational Ser |
3,362 |
187,04 |
22.2% |
$328 |
|
73 |
Business Services |
11,466 |
175,511 |
84.4% |
$10,151 |
|
83 |
Social Services |
4,49 |
75,33 |
46.1% |
$1,646 |
|
87 |
Engineering & Management Services |
6,258 |
47,86 |
38.1% |
$4,874 |
|
79 |
Amusement & Recreation Services |
2,446 |
42,97 |
74.7% |
$1,803 |
|
86 |
Membership Organizations |
2,514 |
32,21 |
26.0% |
$917 |
|
70 |
Hotels & Other lodging Places |
1,491 |
29,90 |
22.5% |
$1,520 |
|
72 |
Personal Services |
3,780 |
25,882 |
2.8% |
$992 |
|
75 |
Automotive Repair, Services, & Parking |
3,377 |
22,93 |
30.9% |
D |
|
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All Service Industries |
53,318 |
922,066 |
1.2% |
$43,403 |
|
SIC Code |
Industry |
1999 Establishments |
1999 Employment |
1990-99 % Change in Employment |
1997 Value of Shipments (millions) |
|
|
All Industries |
150,780 |
2,550,79 |
22.5% |
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Source: US Department of Labor, Bureau of Labor Statistics, 2000.
Minnesota's economy most closely mirrors that of the U.S. economy than any other state and is growing jobs 33 percent faster than the rest of the nation.
|
|
Minnesota (millions) |
Minnesota Distribution |
United States Distribution |
|
Agriculture, Forestry and Fishing |
$ 3,004 |
1.7% |
1.3% |
|
Mining |
$ 804 |
0.5% |
1.2% |
|
Construction |
$ 8,585 |
5.0% |
4.5% |
|
Manufacturing |
$31,319 |
18.1% |
16.1% |
|
Transportation and Utilities |
$13,183 |
7.6% |
8.4% |
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Wholesale Trade |
$14,210 |
8.2% |
6.9% |
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Retail Trade |
$16,310 |
9.4% |
9.2% |
|
Finance, Insurance And Real Estate (FIRE) |
$35,994 |
20.8% |
21.3% |
|
Government |
$17,599 |
10.2% |
11.8% |
TOTAL |
$172,982 |
100.0% |
100.0% |
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