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New business filings increase in Minnesota

Minnesota Secretary of State Mark Ritchie announced that new business filings are up significantly from the same period a year ago.

January 2013 statistics show that 5,519 new businesses filed with the Office of the Secretary of State representing a 4.4 percent increase compared to the same time period in 2012. This is the second highest January on record.

"The creation of these new businesses reflects confidence in our state's economy," said Ritchie. "After showing strong growth in business filings in 2012, it appears that Minnesota will maintain that trend in 2013."

Filings in 2012 were the second highest number in the state's history.