*This is an advertorial
Although the rest of the country may be slow to recognize it, the Twin Cities of Minneapolis and St. Paul are no cultural backwater. Changing demographics and economic prosperity are putting the region in the same league as the nation’s top cultural centers. Two area companieslender Wells Fargo and law firm Faegre Baker Danielsare among those leading the charge to ensure the area’s long-term prosperity by making diversity a priority in everything they do. The results are encouraging.
Minnesota is already home to 20 Fortune 500 companiesmore per capita than any other stateand Minneapolis/St. Paul is the fastest-growing metro area in the Midwest. Boasting a healthy job market, lower-than-average unemployment and high wage growth, the Twin Cities’ growth is unlikely to slow down. The Metropolitan Council forecasts that by 2040, employment will grow 37 percent and the region’s gross metro product will reach a staggering $400 billion. “That would represent 1.5 percent of the U.S. gross domestic product,” according to Twin Cities Business magazine. “A significant portion considering the Twin Cities is home to less than 1 percent of the national population.”
