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Gross State Product by Industry, 2006-2008

In 2008, the gross state product for Minnesota totaled $262,847 million.
Industry Type

Gross State Product
(millions)

2006 2007 2008
Total Gross State Product $240,891 $252,472 $262,847
Goods Sector Total $49,110 $50,610 $50,852
Agriculture, Natural Resources, and Mining 5,517 7,131 7,336
Construction 11,208 10,392 9,791
Manufacturing 32,385 33,087 33,725
Services Sector Total $166,534 $175,486 $184,194
Trade, Transportation, and Utilities 42,863 43,998 45,323
Information 8,299 8,613 9,088
Financial Activities 22,902 23,858 22,958
Professional and Business Services 57,182 61,609 67,552
Education and Health Services 22,101 23,777 25,136
Leisure and Hospitality 7,633 7,915 8,202
Other Services 5,554 5,716 5,935
Government $25,246 $26,376 $27,801

Industry data based on North American Industry Classification System (NAICS).
Source: U.S. Department of Commerce, Bureau of Economic Analysis/Regional Economic Accounts

What's Included in Industries:  From North American Industry Classification System (NAICS)
Goods Sector Industries
Agriculture and Natural Resources Crop and animal production
Forestry, fishing, hunting, and related activities
Mining Mining, except oil and gas
Oil and gas extraction
Support activities for mining
Construction Building construction
Heavy and civil engineering construction
Special trade contractors
Manufacturing Apparel
Chemicals
Computer and electronic products
Electrical equipment, appliances, and components
Fabricated metal products
Food manufacturing
Furniture and related products
Machinery
Miscellaneous manufacturing
Motor vehicles and parts
Nonmetallic mineral products
Paper
Petroleum and coal products
Plastics and rubber products
Primary metals
Printing and related support activities
Textile and textile product mills
Transportation equipment
Wood products
Service Sector Industries
Transportation Air
Other transportation and support activities
Pipeline
Rail
Truck
Transit and ground passenger
Warehousing and storage
Water
Information Broadcasting
Information services and data processing
Motion picture and sound recording industries
Publishing industries
Telecommunications
Finance and Insurance Credit intermediation and related activities
Funds, trusts, and other financial vehicles
Insurance carriers and related activities
Monetary authorities - Central Bank
Securities, commodity contracts, and investments
Professional and Business Services Real Estate and Rental and Leasing Real estate
Rental and leasing services
Professional and Technical Services Computer systems design and related services
Legal services
Other professional, scientific, and technical services
Management of Companies and Enterprises Corporate, subsidiary, and regional managing offices
Offices of bank holding companies
Offices of other holding companies
Administrative and Business Services Administrative and support services (business)
Waste management and remediation
Utilities Electric power generation, transmission, and distribution
Natural gas distribution
Water, sewage, and other systems
Trade Wholesale trade
Durable goods
Electronic markets, agents, and brokers
Nondurable goods

Retail trade
Building materials, garden equipment, and supplies
Clothing and clothing accessories
Electronics and appliances
Food and beverages
Furniture and home furnishings
Gas stations
General merchandise
Health and personal care
Miscellaneous stores
Motor vehicle and parts dealers
Nonstore retailers (electronic shopping and mail-order)
Sporting goods, hobbies, books, and music
Educational and Health Services Educational
Ambulatory health care
Hospitals
Nursing and residential care facilities
Social assistance
Leisure and Hospitality Accommodation
Amusement, gambling, and recreational industries
Food services and drinking places
Performing arts, spectator sports, and related industries
Other Services Personal and laundry services
Private households
Religion, grantmaking, civic, professional, and similar organizations
Repair and maintenance
Government
Public Administration Federal civilian
Federal military
State and local

Originally published January 2011.