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Minnesota Manufacturers Look For Bright 2013

by
Minnesota Capital
Minnesota Capital

 

ST. PAUL, MN (KDAL) - Minnesota manufacturers are optimistic about the industry in the coming year, with 85 percent saying they expect production and employment levels to increase or stay the same, according to a survey by the Minnesota Department of Employment and Economic Development (DEED) and the Federal Reserve Bank of Minneapolis.

In the random survey of Minnesota manufacturers conducted in November, 44 percent of those that responded expect orders to grow in 2013 and one-fourth expect to hire more workers.

"The annual Manufacturing Business Conditions Survey offers a snapshot of what manufacturers are thinking and where they believe the economy is headed," said DEED Commissioner Katie Clark Sieben. "Based on the survey, manufacturers have positive expectations for the industry in 2013."

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