Advantage Magazine | April 2026

2025 BUSINESS OUTLOOK SURVEY RESULTS

Feature

LOCATION OF 2025 SALES

Outside US 1%

Outside of MN, in US 17%

2024 RESPONSE

2023 RESPONSE

2022 RESPONSE

2021 RESPONSE

56%

56%

55% 57%

28%

30%

30% 28%

13%

13%

13% 14%

Outside of Rochester, in MN 26%

Within Rochester 56%

2%

2%

2%

1%

MOST SIGNIFICANT CHALLENGES IN 2025

Hiring

3.9

Employee Cost

3.2

Employee Retention

4.3

Rising Input Costs

4.1

Customer Sales

4.0

Taxes/Tariffs

4.5

Supply Chain Disruptions Access to Capital

6.1

6.7

Other

8.2

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

8.0

9.0

Average Rating (1 = Most Significant, 8 = Least Significant)

2023 RESPONSE 2024 RESPONSE 2021 RESPONSE 2022 RESPONSE

3.5

3.5

4.2

4.0

4.3

4.3

6.3

6.5

8.5

3.6

3.5

4.3

4.3

4.3

4.1

5.7

7

8.4

3.1 3.5

3.8 3.6

4.4

3.9

5

4.7

4.6

7

-

3.1

3.8

4.8

4

4.4

5.2

4.6

7

-

APRIL 2026 — ROCHESTER AREA CHAMBER OF COMMERCE ADVANTAGE MAGAZINE | 9

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