Healthcare & medical technology
Leading sector
Agribusiness
2nd sector
Historical data
Coming soon
Long-run charts for this indicator are on the way.
Compared to the United States
| Indicator | Minnesota | United States |
|---|---|---|
| Fortune 500 HQs | 16 | 500 |
National ranking
Minnesota ranks #11 of 28 states by manufacturing share of gdp.
| #1 | Utah | 165,000 |
| #2 | Vermont | 45 |
| #3 | Colorado | 28 |
| #4 | New Mexico | 24% |
| #5 | New York | 19% |
| #6 | Wisconsin | 18.5% |
| #7 | Florida | 18% |
| #8 | Michigan | 17.5% |
| #9 | Maine | 17.5% |
| #10 | Ohio | 16.5% |
| #11 | Minnesota | 16 |
| #12 | North Carolina | 15.8% |
| #13 | Oregon | 15% |
| #14 | South Dakota | 14% |
| #15 | Illinois | 12% |
| #16 | Oklahoma | 12% |
| #17 | New Hampshire | 11% |
| #18 | Georgia | 10.1% |
| #19 | Montana | 10% |
| #20 | New Jersey | 7.5% |
| #21 | Virginia | 6.9% |
| #22 | North Dakota | 3 |
| #23 | Alaska | 3% |
| #24 | Delaware | 1 |
| #25 | Rhode Island | 1 |
| #26 | Wyoming | 1 |
| #27 | Kentucky | 0 |
| #28 | Louisiana | 0 |
Overview
Minnesota's economy is led by healthcare and medical technology (Mayo Clinic, Medtronic), agribusiness (Cargill, General Mills), retail (Target, Best Buy) and finance. Key figures for Minnesota include Leading sector of Healthcare & medical technology and 2nd sector of Agribusiness, offering a clear snapshot of industry breakdown in the state. Understanding industry breakdown helps residents, businesses and policymakers compare Minnesota to national and regional benchmarks.