New business filings up in Minnesota

The Minnesota Office of the Secretary of State reported this week that business filings for the first three quarters of 2012 were 47,069, compared to 39,977 for the same time period in 2011.

"At this pace we will set a new all-time record for new business filings in 2012, another sign of the robust recovery underway in Minnesota," said Mark Ritchie, Minnesota Secretary of State. "Start-up businesses in Minnesota have always been strong, even during the most difficult recent economic times, reflecting the very supportive new business climate in our state. Minnesota has seen a steady increase in start-ups over the past decade and with a projected new all-time new business filing record in 2012 should this trend continue."

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