Greater Mankato’s economic strength comes from the diversity of industries that are present in the marketplace. If one industry is ever down, another is usually on the way up. When Greater Mankato Growth has looked at industry diversification in the past, we have analyzed the total wages of each industry to surmise the economic impact of each. But, how does our industry diversification compare to other metropolitan areas across the country and what can it tell us about our economic forecast?
This blog post will focus on the Retail Sector and subsequent ones will explore other industries.