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State Wins High Economic Development Marks

ST. PAUL, MN-A diverse economy and training efforts are cited in the rating from the Corporation for Enterprise Development, a nationwide economic development organization.

By Jim McCartney | Updated on December 28, 2001

ST. PAUL, MN-Minnesota recently won a top rating on its economic development from the Corporation for Enterprise Development, a nationwide economic development organization. The rating is based on a broad-based index of the economies of the 50 states, and uses 70 criteria to measure economic development success in three mainareas: performance, business vitality and development capacity.

“It demonstrates that even in difficult economic times, states that invest in their people through education and workforce training and take a long-term view of economic diversification have the best chance of success,” says Rebecca Yanisch, commission of the Minnesota Department of trade and economic development.

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