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0 <br /> MN Manufacturing Employment <br /> 410.0 <br /> 400.0 <br /> 790.0 <br /> 700.0 —_ <br /> 370.0 <br /> 360.0 <br /> 360.0 <br /> 740.0— <br /> - .._ <br /> 770.0 AN DEED:CES0ke 1991- <br /> 320.0 c„ya <br /> 7100 <br /> 4 3 4 4 4 4 4 4 $ 4 4 a k <br /> AA A 5 5 5 1 5 5 A B 5 <br /> Manufacturing&Employment Trends <br /> 1997-2004 <br /> Total <br /> 25,000 20.0% Employment- <br /> 18.0% Sherburne Co <br /> 20,000 4 1 I 1168..0016% <br /> 6.0% r Manufacturing <br /> 15,000 12.0% Emp-Sherburne <br /> 1 1 1 <br /> 010 000 11 1 1 111240.00%: <br /> 0% ". Sherburne <br /> l 3 4 4 ;!:i ! <br /> '04.0%2.0% ti i It, l 0.09 6 Minnesota <br /> 4, MN DEED:QCEW Data Tool <br /> ll. <br /> Industrial Real Estate <br /> • Twin Cities industrial construction reached its <br /> lowest point in 10 years in July <br /> 2003.Typically 2 million square feet of new <br /> industrial per year in the Twin Cities—peak <br /> of 4-5 million 1996-1998. First half of 2003— <br /> less than 250,000 s.f. <br /> • Pick-up began in 2004 <br /> • Brokers report....commercial is slow; <br /> industrial non-existent multi-family is strong <br /> • With so much job loss,there is an inventory <br /> or available buildings that will sell or lease <br /> first <br /> • <br /> Econmic Development Services -November 2004 7 <br />