The region’s Gross Metro Product, the sum of value added by all industry sectors, will rise to $400 billion in 2040—equivalent to 1.5 percent of the US Gross Domestic Product. For context, the Minneapolis-St Paul region has less than 1.0 percent of the nation’s population.
Future job growth, more output, and a more productive metro area economy will be key drivers of population growth. The Twin Cities over the next three decades will mainly attract people looking for employment and business opportunities. These new Minnesotans are likely to be younger than migrants leaving the Twin Cities, and will come here from the rest of the nation and the rest of the world. Governor Dayton is proud to be leading Minnesota into an era of increased population, diversity, and economic promise.