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Do not fill this in! == Economy == {{See also|Economy of Minnesota}} {|class="wikitable" style="float:right; font-size:90%; text-align:center; margin:1em;" |+ Largest downtown<br />Minneapolis employers<ref>{{cite web|title = Target loses top spot as largest downtown Minneapolis employer|first1 = Keith|last1 = Schubert|first2 = J.D.|last2 = Duggan|date = February 7, 2024|url = https://www.bizjournals.com/twincities/news/2024/02/07/target-corp-no-longer-downtown-largest-employer.html|access-date = February 8, 2024|publisher = [[Minneapolis/St. Paul Business Journal]]|archive-date = February 15, 2024|archive-url = https://web.archive.org/web/20240215133903/https://www.bizjournals.com/twincities/news/2024/02/07/target-corp-no-longer-downtown-largest-employer.html|url-status = live}}</ref><br />2023 |- style="background:#ccc;" || '''Rank''' || style="background:#ccc;"|'''Company/Organization''' |- | 1 || [[Hennepin County Medical Center|Hennepin Healthcare]] |- | 2 || [[Target Corporation]] |- | 3 || [[Hennepin County]] |- | 4 || [[Wells Fargo]] |- | 5 || [[Ameriprise Financial]] |- | 6 || [[U.S. Bancorp]]<!--please use their spelling with periods--> |- | 7 || [[Xcel Energy]] |- | 8 || [[City of Minneapolis]] |- | 9 || [[SPS Commerce]] |- | 10 || [[RBC Wealth Management]] |} {|class="wikitable" style="float:right; font-size:90%; text-align:center; margin:1em;" |+ Largest Minneapolis companies by revenue 2023<ref name="Fortune_500">{{Cite web |url = https://fortune.com/ranking/fortune500/2023/search/?hqcity=Minneapolis |title = Fortune 500 Companies |date = 2023 |work = [[Fortune (magazine)|Fortune]] |access-date = August 13, 2023 |archive-date = August 13, 2023 |archive-url = https://web.archive.org/web/20230813231310/https://fortune.com/ranking/fortune500/2023/search/?hqcity=Minneapolis |url-status = live }}</ref> |- style="background:#ccc;" || '''Minneapolis<br /> rank''' || style="background:#ccc;"|'''Corporation''' || style="background:#ccc;"|'''US rank''' || style="background:#ccc;"|'''Revenue'''<br />(in millions) |- | 1 || [[Target Corporation]] || 33 || $109,120 |- | 2 || [[U.S. Bancorp]] || 149 || $27,401<!--please use their spelling with periods--> |- | 3 || [[Xcel Energy]] || 271 || $15,310 |- | 4 || [[Ameriprise Financial]] || 289 || $14,347 |- | 5 || [[Thrivent]] || 412 || $9,347 |} Early in the city's history, millers were required to pay for wheat with cash during the growing season, and then to store the wheat until it was needed for flour.{{sfn|Lass|2000|p=164}} The [[Minneapolis Grain Exchange]] was founded in 1881; located near the riverfront, it is the only exchange as of 2023 for [[Wheat production in the United States#Classification and uses|hard red spring]] wheat [[futures exchange|futures]].<ref>{{cite web |title = Trading of Wheat – Minneapolis Grain Exchange |url = https://www.ndwheat.com/buyers/marketinformation/ |access-date = January 14, 2023 |publisher = North Dakota Wheat Commission |archive-date = January 14, 2023 |archive-url = https://web.archive.org/web/20230114174445/https://www.ndwheat.com/buyers/marketinformation/ |url-status = live }}</ref> Along with cash requirements for the milling industry, the large amounts of capital that lumbering had accumulated stimulated the local banking industry and made Minneapolis a major financial center.{{sfn|Lass|2000|pp= 164, 181}} The [[Federal Reserve Bank of Minneapolis]] serves Minnesota, [[Montana]], [[North Dakota|North]] and [[South Dakota]], and parts of [[Wisconsin]] and [[Michigan]]; it has the smallest population of the twelve districts in the [[Federal Reserve System]], and has one branch in [[Helena, Montana]].{{sfn|Misa|2013|p=200}} Minneapolis area employment is primarily in trade, transportation, utilities, education, health services, and professional and business services. Smaller numbers of residents are employed in manufacturing, leisure and hospitality, mining, logging, and construction.<ref>{{cite web |title = Minneapolis Area Economic Summary |date = August 31, 2022 |access-date = September 30, 2022 |url = https://www.bls.gov/regions/midwest/summary/blssummary_minneapolis.pdf |publisher = [[US Bureau of Labor Statistics]] |archive-date = September 30, 2022 |archive-url = https://web.archive.org/web/20220930180857/https://www.bls.gov/regions/midwest/summary/blssummary_minneapolis.pdf |url-status = live }}</ref> <!-- Please don't add companies headquartered in: Minnetonka (UnitedHealth), Richfield (Best Buy), Eden Prairie (Supervalu), Fridley (Medtronic), Golden Valley (General Mills), and so forth. Please do add any companies we missed who are headquartered inside Minneapolis borders. --> In 2022, the Twin Cities metropolitan area tied with [[Boston]] as having the eighth-highest concentration of major corporate headquarters in the US.<ref>{{cite web |url = https://www.realpage.com/analytics/markets-fortune-500-headquarters-2/ |title = Markets with the Most Fortune 500 Headquarters |author = Wheeler, Charlotte |date = June 13, 2022 |access-date = February 20, 2023 |publisher = [[RealPage]] |archive-date = February 20, 2023 |archive-url = https://web.archive.org/web/20230220223755/https://www.realpage.com/analytics/markets-fortune-500-headquarters-2/ |url-status = live }}</ref> Five [[Fortune 500|Fortune 500 corporations]] were headquartered within the city limits of Minneapolis:<ref name="Fortune_500" /> [[Target Corporation]], [[U.S. Bancorp]],<!--please use their spelling with periods--> [[Ameriprise Financial]], [[Xcel Energy]], and [[Thrivent]].<ref name="Fortune_500" /> Other companies with offices or headquarters in Minneapolis include [[Accenture]],<ref>{{cite news|url=https://www.bizjournals.com/twincities/print-edition/2012/02/03/accenture-cuts-1-floor-all-cubes.html|title=Accenture cuts 1 floor, all cubes|date=February 3, 2012|access-date=May 15, 2023|last=Hammerand|first=Jim|work=[[Minneapolis/St. Paul Business Journal]]|publisher=[[American City Business Journals]]|archive-date=September 15, 2013|archive-url=https://web.archive.org/web/20130915104747/http://www.bizjournals.com/twincities/print-edition/2012/02/03/accenture-cuts-1-floor-all-cubes.html?|url-status=live}}</ref> [[Bellisio Foods]],<ref>{{cite news |title = Minneapolis-based Bellisio Foods sells for $1.08 billion to Thailand company |url = http://www.startribune.com/minneapolis-based-bellisio-foods-sells-for-1-08-billion-to-thailand-company/401713865/ |work =[[Star Tribune]]|date = November 17, 2016 |last = St. Anthony |first = Neal |access-date = November 19, 2016 |archive-date = April 20, 2021 |archive-url = https://web.archive.org/web/20210420142710/https://www.startribune.com/minneapolis-based-bellisio-foods-sells-for-1-08-billion-to-thailand-company/401713865/ |url-status = live }}</ref> [[Canadian Pacific]],<ref>{{cite news |archive-url = https://web.archive.org/web/20160512222829/https://www.startribune.com/canadian-pacific-s-u-s-hq-moves-to-new-digs/167371215/ |archive-date = May 12, 2016 |work =[[Star Tribune]]|date = August 25, 2012 |access-date = February 18, 2023 |last = St. Anthony |first = Neal |title = Canadian Pacific's U.S. HQ moves to new digs |url = https://www.startribune.com/canadian-pacific-s-u-s-hq-moves-to-new-digs/167371215/ }}</ref> [[Coloplast]],<ref>{{cite press release |date = July 5, 2006 |title = Saint Paul—Governor Tim Pawlenty announced today that Coloplast will move its North American corporate headquarters to Minnesota beginning this fall. |url = http://www.coloplast.com/Press/Press/News--press-release-archive/20061/?section=North-American-headquarters_8154 |publisher = [[Coloplast]] |access-date = January 20, 2010 |archive-date = August 22, 2021 |archive-url = https://web.archive.org/web/20210822050355/https://www.coloplast.com/Press/Press/News--press-release-archive/20061/?section=North-American-headquarters_8154 |url-status = live }}</ref> [[Royal Bank of Canada|RBC]],<ref>{{cite web |title = Our Company |url = https://www.rbcwealthmanagement.com/us/en/research-insights/required-disclosures-jan-2016/detail/ |publisher = [[RBC Wealth Management]] |access-date = January 24, 2016 |archive-date = April 14, 2021 |archive-url = https://web.archive.org/web/20210414124202/https://www.rbcwealthmanagement.com/us/en/research-insights/required-disclosures-jan-2016/detail/ |url-status = live }}</ref> [[Deloitte]],<ref>{{cite web|url=https://www2.deloitte.com/us/en/footerlinks/office-locator/minnesota/minneapolis.html|title=Our offices: Minneapolis|publisher=[[Deloitte]]|access-date=March 20, 2024|archive-date=March 19, 2024|archive-url=https://web.archive.org/web/20240319221004/https://www2.deloitte.com/us/en/footerlinks/office-locator/minnesota/minneapolis.html|url-status=live}}</ref> [[PwC Plaza|PricewaterhouseCoopers]],<ref>{{cite web|url=https://www.pwc.com/us/en/about-us/pwc-office-locations.html#/office/minc|title=PwC US offices: Minneapolis|publisher=[[PricewaterhouseCoopers]]|access-date=March 20, 2024|archive-date=February 3, 2024|archive-url=https://web.archive.org/web/20240203194045/https://www.pwc.com/us/en/about-us/pwc-office-locations.html#/office/minc|url-status=live}}</ref> and [[Voya Financial]].<ref>{{cite news |last = Black |first = Sam |title = ING rebrands Minneapolis unit as Voya Financial |date = April 7, 2014 |work = [[Minneapolis/St. Paul Business Journal]] |publisher = [[American City Business Journals]] |url = http://www.bizjournals.com/twincities/blog/real_estate/2014/04/ing-rebrands-minneapolis-unit-as-voya-financial.html |access-date = July 5, 2014 |archive-date = March 10, 2021 |archive-url = https://web.archive.org/web/20210310085349/http://www.bizjournals.com/twincities/blog/real_estate/2014/04/ing-rebrands-minneapolis-unit-as-voya-financial.html |url-status = live }}</ref> {{clear}} Summary: Please note that all contributions to Christianpedia may be edited, altered, or removed by other contributors. 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