Grow Minnesota! Quarterly Economic Snapshot: Spring 2022

11 May 2022


The Quarterly Economic Snapshot is an overview of key indicators measuring Minnesota’s current economic performance. Analysis is provided in partnership with Grow Minnesota! and the Minnesota Chamber Foundation.


  • Minnesota’s real GDP expanded by 5.0% in the fourth quarter of 2021, ranking 37th best among all states.
  • Minnesota exports grew to $23.5 billion in 2021, rebounding strongly after declining in 2020.  

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