Minnesota drops from 11th to 17th on Forbes business list

Minnesota fell to 17th in the Forbes list of top business states, says the Twin Cities Business Journal.

Last year, the state was 11th on the list, which compares costs, labor supply, regulatory environment, current economic climate, growth prospects and quality of life.

No. 1 on the list for the second year in a row was Virgina; Rhode Island dropped into last place, with Michigan at No. 49. Wisconsin was No. 48.

The Journal says Minnesota was No. 32 in overall cost of doing business because of its labor and energy costs and taxes. It also scored low in economic climate, at No. 35. Those scores were balanced out with its high-quality-of-life rank, No. 6, and the quality of the labor force here, which was No. 10.

Comments (2)

  1. Submitted by Rick Prescott on 09/28/2009 - 01:48 pm.

    Thanks, T-Paw! (I’d also like to personally thank you for my increased property taxes. Things have gotten so much better here.)

  2. Anonymous Submitted by Anonymous on 09/28/2009 - 06:05 pm.

    The party of irresponsibility, with T-Paw as its leader, will just find ways to blame the Democrats for our state’s troubles. Dodge blame and take credit where it isn’t due, that’s the mantra Republicans live by.

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