Economy

Fargo Moorhead is home to a growing number of innovative technology and biomedical companies, attracted to the region for many reasons:

1. Labor costs that are among the most competitive in the nation, partly as a result of extremely low absenteeism and turnover rates;
2. Some of the most affordable utilities in the country;
3. Relatively low facility and construction costs;
4. A favorable tax climate that promotes growth and opportunity; and
5. Advanced telecommunications infrastructure, vast energy reserves and readily available water supplies.

Employment by Industry

Labor Statistics

Fargo Moorhead MSA Labor Force	120,414
Employed	117,490
Unemployment Rate	2.4 %
National Unemployment Rate	4.9 %

As of July 2007

Number of Business Establishments

Fargo Moorhead MSA	5,864
Clay County, MN	1,215
Barnesville, MN	90
Hawley, MN	91
Cass County, ND	4,649
Casselton, ND	90
West Fargo, ND	525

Per U.S. Census Bureau, County Business Patterns, 2005

Businesses with No Paid Employees

Cass County, ND	9,876
Clay County, MN	3,441
Fargo Moorhead MSA	13,330

Per U.S. Census Bureau, County Business Patterns, 2005

Visit our Business Directory or call 218.233.1100 to learn more about Fargo Moorhead’s economic climate.