The Daily Circuit

State of Minn. Fortune 500 companies

11:06 AM, May 23, 2012

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General Mills' corporate campus, in Golden Valley. (MPR photo/Tom Weber)

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  • Terry Fitzgerald: Senior economist and vice president, Minneapolis Federal Reserve Bank
  • Louis Johnston: Chair of the economics department at St. John's University

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General Mills is the latest big Minnesota company to announce layoffs this month. Medtronic and Delta have also announced plans to reshuffle some their Minnesota workforce out of state while Best Buy continues to be in flux. Should Minnesotans be concerned about this news as the we continue to work out of a recession or is this normal economic activity?

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