Category: Business Development

Business Development
The Indicator: Minnesota’s Domestic Migration Momentum

This Month’s Indicator: Domestic Migration  For the first time since 2018, more people are moving to Minnesota from other states than leaving. After years of net domestic outmigration, this shift marks a meaningful change in direction—and an important signal for business leaders across the state.  Between

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Business Development
The Indicator: Workforce Makeup and Future Trends

Welcome to The Indicator, a blog series that highlights key metrics shaping Greater Mankato’s economy and business climate. Each month, we focus on one meaningful indicator that signals where our region is headed and what it means for business leaders.  This Month’s Indicator: Workforce Makeup  The

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Business Development
Population Growth Momentum: A Strategic Advantage for Greater Mankato’s Business Community

The Mankato–North Mankato Metropolitan Statistical Area (MSA) reached 105,193 residents in 2024, reflecting a nearly 7% increase over the past decade (since 2015). This steady growth underscores sustained regional vitality and signals significant opportunity for every business leader in Greater Mankato.  Why does this matter?   Population growth matters because people drive economic

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Business Development
Greater Mankato Growth, Inc. Foundation Awarded an additional $750,000 in DEED Funds to Support Development & Redevelopment in Regional Corridors

Mankato, MN, February 27, 2025 – The Greater Mankato Growth, Inc. (GMG, Inc.) Foundation has been awarded an additional $750,000 through the Department of Employment & Economic Development (DEED) Main Street Economic Revitalization Program (MSERP). This award follows a previous award of $2 million made

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Business Development
Marketplace Update

This article was originally written by Renee Berg with The Mankato Free Press. MANKATO — With two job openings for every available worker, it’s a job seekers paradise, experts say. The unemployment rate locally was hovering near 2% as of November, said Ryan Vesey, business

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Business Development
2025 Economic Preview: A Year of Productivity-Driven Growth

Written by Curtis Dubay, Chief Economist, U.S. Chamber of Commerce. Barring an unforeseeable event, the economy should grow even better in 2025 than it did in 2023 and 2024, which means a growth rate above 3% with the gains being broadly enjoyed. This will contribute to more

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Business Development
Whole Community Approach to Childcare Activation Plan Released

Greater Mankato Growth, in collaboration with our Regional Economic Development Alliance (REDA) partners, undertook an initiative to address childcare challenges in the region. The need to address childcare concerns has been brought often in recent years by Greater Mankato Growth’s member businesses, our public partners,

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