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Economy of Minnesota
State quarter
Statistics
GDP
$374 billion (2020)[1]
Population below poverty line
11.5% (2013)[2]
Gini coefficient
0.4436 (2011)[3]
Labor force
2,995,400 (December 2014)[4]
Unemployment
3.0% (August 2023)[5]
Public finances
Revenues
$20,181.8 million (2013)[6]
Expenses
$18,739.5 million (2013)[7]
The economy of Minnesota produced US$312 billion of gross domestic product in 2014.[8] Minnesota headquartered 31 publicly traded companies in the top 1,000 U.S. companies by revenue in 2011.[9] This includes such large companies as Target and UnitedHealth Group. The per capita personal income in 2016 was $51,990, ranking sixteenth in the nation.[10] The median household income in 2013 ranked eleventh in the nation at $60,900.[11]
^"Gross Domestic Product: All Industry Total in Minnesota". January 1997.
^"Minnesota QuickFacts from the US Census Bureau". Archived from the original on December 2, 2006. Retrieved November 21, 2012.
^"American FactFinder - Results". Archived from the original on August 31, 2015. Retrieved 2015-09-01.
^"Minnesota Economy at a Glance".
^"Unemployment Rate in Minnesota". fred.stlouisfed.org. August 21, 2023. Archived from the original on September 4, 2023. Retrieved September 4, 2023.
^"Archived copy" (PDF). Archived from the original (PDF) on April 3, 2015. Retrieved March 2, 2015.{{cite web}}: CS1 maint: archived copy as title (link)
^"Archived copy" (PDF). Archived from the original (PDF) on March 17, 2015. Retrieved March 2, 2015.{{cite web}}: CS1 maint: archived copy as title (link)
^
"Economic Recovery Widespread Across States in 2010" (PDF). U.S. Department of Commerce. 2010. Archived from the original (PDF) on July 19, 2011. Retrieved March 9, 2018.
^"Fortune 500 2007". Our annual ranking of America's largest corporations. CNNMoney.com; Cable News Network LP, LLLP. A Time Warner Company. 2007. Retrieved May 11, 2007.
^"Real Personal Income for States and Metropolitan Areas, 2016" (PDF). U.S. Department of Commerce. Archived (PDF) from the original on November 6, 2018. Retrieved November 5, 2018.
^see Census Bureau, "State Median Income" Archived February 21, 2016, at the Wayback Machine
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