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Economic Vitality <br />Twin Cities Economy Is 14th Largest in U.S. (2009) <br />The Minneapolis /Saint Paul metro economy is the 14th largest in <br />the nation, according to a 2009 report by the U.S. Bureau of Eco- <br />nomic Analysis.The region, which ranks 16th largest in population, <br />generated a gross metropolitan product of $193.9 billion in 2008. <br />GMP measures the total output of goods and services within a <br />given area in a given year. It is a small -scale equivalent of gross <br />domestic product,the national measure of economic prowess. <br />Minnesota Ranks in Top Third for Business, Says Forbes (2009) <br />Lino Lakes <br />named among <br />Money Magazine's <br />2009 <br />"Best Places to Live" <br />Forbes magazine ranked Minnesota No.17 on its 2009 list of top states for business. Minnesota scored high <br />in two of six categories: quality of life rank (No.6 in the nation) and the quality of its labor force (No.10). <br />Forbes based its list on data drawn from several sources, including Moody'sEconomy.com, Sperling's Best <br />Places, the U.S. Census Bureau and the U.S. Department of Education. <br />Minneapolis and Saint Paul Dominate the List of Next CitiesTM forYoung,Talented Workers (2009) <br />The Twin Cities dominate the list of 2009 -2010 U.S. Next CitiesTM with populations of 200,000- 500,000. Min- <br />neapolis ranks second and Saint Paul is fifth in the "midsize magnets "category.The list was developed by <br />Next Generation Consulting, a research and consulting company which evaluates cities based on characteris- <br />tics that matter to young talent. Here's what matters, in order of importance: cost of lifestyle; earning; vitality; <br />after hours; learning; around town; and social capital. <br />Metro MSP Jumps Ahead in Forbes List of "Best Paces for Business and Careers" (2009) <br />The Minneapolis -Saint Paul region moved up 27 slots on Forbes' annual list of "Best Places for Business and <br />Careers" in 2009.The survey compared the 200 largest metro areas in the country based on 11 factors, includ- <br />ing job and income growth, cost of doing business, cost of living, crime rate, educational attainment, pres- <br />ence of four -year colleges, cultural and recreational opportunities, and net migration.The Metro MSP outper- <br />formed most rivals in two areas: concentrations of colleges (fifth place) and culture and leisure (13th place). <br />Twin Cities Named MarketWatch's "Best Metro for Business "for Second Year (2008) <br />For the second consecutive year, the Minneapolis /Saint Paul region topped MarketWatch's list of the best <br />metro centers for business.The Metro MSP region again won by wide margin, placing 20 points ahead of its <br />nearest competitor, Boston. Despite an ailing national economy, "the concentration of (MSP) companies has <br />stayed strong, and job growth continues while unemployment remains relatively Iow...The region seems <br />prepared to handle whatever economic onslaught may be on tap. "The report compared 50 large metro <br />regions in eight different objective metrics. <br />