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Minnesota’s business leaders plan to hire and spend more this quarter than they have in years, but more plan to expand elsewhere as talent runs short and taxes remain a concern.
Revenue and hiring remain strong among businesses statewide, but finding talent’s harder than ever, while productivity is slipping, and research and development is flat-lining.
Results from the latest Quarterly Economic Indicator survey show companies are growing, but it’s gotten even harder to find good talent.
They're also briskly investing in their infrastructure and talent.
Hiring, capital expenditures, R&D spending to increase–but so might prices.
Businesses continue to invest and grow, despite the government.
In the latest quarterly economic indicator survey, Minnesota business leaders express caution heading into the third quarter.
But corporate growth may be limited by a growing talent shortage.
Minnesota business leaders plan to scale back this quarter due to politics and taxes, among other factors.
Minnesota executives proceed cautiously, awaiting the election outcome and a fiscal crisis solution.
After a strong start to the year, Minnesota executives enter the third quarter cautiously.
More Minnesota companies plan to hire, increase capital outlays, and invest in research and development.
Industries looking to hire: health care, transportation, wholesale trade, and biotech/med-tech.
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