Mixed views on business conditions in Minnesota

Note: This post is based on a January 2025 survey

Most Minnesotans said business conditions in the state are at least somewhat good, with more rating conditions positively than negatively.

Overall, 32% of Minnesota adults said business conditions in the state were extremely or very good, with a larger share (45%) calling conditions ‘somewhat good.’ Meanwhile, 21% rated conditions as not at all or not very good.

Views on business conditions in Minnesota varied widely by party, and to a lesser extent, by income, according to a Minnesota Community Survey of 1,477 adults conducted Dec. 4, 2024 to Jan. 20, 2025.

The survey was conducted before economic uncertainty increased and consumer sentiment declined following the Trump administration’s tariffs.

Views on business conditions by party

Democrats had a far more positive view of business conditions in Minnesota than Republicans. By contrast, Republicans were likelier to view business conditions negatively.

·      52% of Democrats said business conditions in Minnesota were extremely or very good, with 39% saying conditions are somewhat good. Only 7% said conditions were not at all or not very good.

·      37% of Republicans said business conditions were not at all or not very good, and 47% said conditions were somewhat good. A lower share (16%) said conditions were extremely or very good.

Views on business conditions by income

Minnesotans with higher household incomes were more likely than those with lower incomes to say business conditions were good.

·      43% of upper-income households said business conditions in the state were extremely or very good

·      39% of those with upper-middle incomes said conditions were good

·      32% of those in lower-middle income households said conditions were good

·      22% of lower-income households said conditions were good

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