Business Services Industry Conditions

The Business Services Industry Conditions Survey gauges the sentiments of Minnesota business services firms concerning themselves and the state economy. Accounting firms, computer consultants, advertising and public relations agencies and other types of service companies support the activities of other businesses and their performance is an indicator of overall business conditions and trends statewide.

The reports below contain the results of the survey for the corresponding year. Each business in the population was considered equally, regardless of size. For further details, see the methodology write-up listed below the report.

The 2012 Report
Minnesota firms that provide business services anticipate growing profits but expressed concern about rising inflation in the coming year.

Nearly one-fourth of survey respondents said they expect to increase employment during the year, while 8 percent may cut. And 58 percent said they expect to increase wage levels.