Rochester boom...thriving city is more than Mayo

Grants | Legacy Digitization | Topics | Business & Industry | Health & Wellness |
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At a time when most cities can boast of a decade or more of prosperity and job growth, Rochester Minnesota is particularly fortunate. The city's economic growth consistantly outpaces the rest of the state. The city's humming economy and family-friendly environment has put it in Money Magazine's top three places to live in the nation for the past six years. The cornerstone of success is the expansive Mayo Clinic which employs nearly a quarter of Rochester's population. But much of the recent growth has been fueled by a network of technology development and manufacturing firms. Minnesota Public Radio's Art Hughes reports that cut-backs by one of the city's largest empoloyers spurred city and business leaders to cultivate a stronger economic foundation. The shock of downsizing hit Rochester hard five years ago when IBM---the city's second largest employer--layed off some two-thousand people.

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Digitization made possible by the State of Minnesota Legacy Amendment’s Arts and Cultural Heritage Fund, approved by voters in 2008.

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