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Hugo's Economic and <br />Demographic Profile <br />A profile of Hugo's economy and <br />demographics was prepared for the <br />Research Report and presented at the <br />Task Force retreat on February 8th. <br />The profile was created and written by <br />Rachel Vilsack of the Minnesota <br />Department of Employment and <br />Economic Development. The profile <br />contains statistics on population, <br />employment, income, commuting and <br />labor sheds, occupations and <br />educational attainment. <br />A full copy of the profile can be viewed <br />in the Research Report which can be <br />obtained by contacting Rachel Simone, <br />City of Hugo, at (651) 762-6304. <br />Hugo BR&E Survey Results <br />Following are the results of the survey of <br />the 38 businesses visited. The <br />businesses' characteristics are <br />summarized first followed by priority <br />projects selected by the Task Force. <br />Survey results related to those projects <br />are included in this summary. Additional <br />survey results including four strategic <br />themes are in the Research Report. <br />Characteristics of Businesses Visited <br />Eighty-four percent of the businesses <br />that participated in the Hugo BR&E <br />survey are locally controlled, shown in <br />Figure 1. <br />Figure 1: Business Ownership <br />Branch <br />8% <br />Franchise <br />3% <br />Locally <br />Owned / <br />Operated, <br />Multiple <br />Locations <br />8% <br />No <br />Response <br />5% <br />Locally <br />Owned / <br />Operated, <br />One <br />Location <br />76% <br />©2010 Regents of the University of Minnesota. All rights reserved. <br />