The Minnesota Department of Employment and Economic Development along withe Federal Reserve Bank of Minneapolis have released results of a survey. 1,200 Minnesota business firms were surveyed this spring in regards to how they view their future.

The survey showed 86% expected sales revenue to increase or remain stable next year. The availability of labor is still a source of concern for those surveyed. 79% felt labor availability will remain stable while 13% expect a decline. Only 8% stated that they thought labor availability would grow into next year.

Other results indicated 28% expect employment levels to grow and 67% expect them to remain the same.  46% expect sales to grow and 40% expect them to remain the same in 2020.

In regards to the past 12 months 77% of the respondents indicated revenue was up or remained the same.

We are weeks away from the beginning of high school sports. Follow the Huskies season with the free downloadable KRFO APP