Minnsights Blog

Mall of America®, a member of the Minnesota Chamber of Commerce, is one of the most iconic destinations in the state. With over 32 million annual visitors and nearly $2 billion in economic impact in Minnesota each year, its influence reaches far beyond retail. Sustainability is a top priority from the large team who helps operate the facility. From waste and water to energy and tenant engagement, staff continuously audit performance and identify opportunities for improvement.

This year, the Legislature passed the most sweeping paid leave mandates on business in state history. Despite more than 80% of Minnesota members offering leave to their employees, the state now mandates all employers to grant employees sick, safe and paid time off equaling nearly 40% of a work year.

I’m coming to you this week from Washington, D.C., where we’ve been hosting our annual D.C. Fly-In. We’ve had a great group – more than 60 business leaders from Minnesota – joining us for meetings with the Environmental Protection Agency, Small Business Administration and our congressional delegation. It’s a chance to elevate Minnesota’s business priorities on the national stage.

Small businesses are a critical driver of Minnesota’s economy. The state has over 500,000 small businesses that together employ over 1.3 million Minnesotans. 

As you know, the Legislature wrapped up their work on May 19, but they didn’t really finish. We’re anticipating a special session so they can complete the budget and other policy priorities. Before we jump into the specifics of the special session, I want to give you a quick update of where our economy stands, which relates directly to the important considerations ahead.