The Star Tribune

Confidence Growing Among Minnesota Small Business Owners


TWIN CITIES, MN (May 9, 2018) excerpt via THE STAR TRIBUNE - Confidence is surging among Minnesota small business owners, who are investing in their businesses at higher rates, according to the new U.S. Bank Small Business survey.

The study found that 70% of Minnesota business owners had a positive outlook for their business, and 57% anticipate higher revenue in 2018.

"The small business economy in the Twin Cities is doing great, and most industries are surging, including manufacturing, construction and services," said Craig Veurink, U.S. Bank’s regional manager. "We are seeing more expansion and equipment purchases coming from business owners who already have felt the tax change or are anticipating it, especially at the smaller firms."

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