2023 Chamber Federation Priorities
2023 Federation Priorities
Minnesotans pride themselves on an exceptional state in which to live. Business leaders often share that optimism however, the data on the performance of Minnesota’s economy tells a different story. Minnesota ranks in the bottom 20 states across many economic growth indicators from pre-pandemic peak to current period. Minnesota’s GDP growth is below the national average. Minnesota has the worst labor force decline of all Midwestern states and we are near the bottom of states for domestic migration, further exacerbating the workforce challenge. Our tax burdens – both for individuals and businesses, are among the highest in the country. This is not the formula for economic growth. States across the country, regardless of partisan make up, are acting aggressively to cut taxes, streamline regulations and attract workers.
Read more of the complete outline of Federation Priorities (top left attachment).