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State officials “bullish” on global economy as MN exports bounce back

Mount Equity Group Tokyo Japan > News > Markets > State officials “bullish” on global economy as MN exports bounce back

Minnesota’s exports of agricultural, mining and manufactured products are now back up to where they were before the pandemic — a 19-percent increase in the third quarter to total 5.7 billion dollars.  Employment and Economic Development Commissioner Steve Grove:

“We’re bullish on the global economy, on where Minnesota plays a role in that, and we just operate from so many strengths in our economy here — from health care to agriculture to retail to mining.”

State officials say machinery exports jumped to the Philippines and China,  while sales of electrical equipment surged to China, Canada, Germany and Thailand.  They say Canada drove increased demand for mineral fuels and ores — and increased exports of food by-products and oil seeds went to North American markets.

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