Advantage Magazine | April 2025

LOCATION OF 2024 SALES

Outside US 2%

Outside of MN, in US 13%

2023 RESPONSE

2022 RESPONSE

2021 RESPONSE

56%

55% 56.7%

30%

30% 27.9%

13%

13% 14.4%

Outside of Rochester, in MN 28%

2%

2%

1%

Within Rochester 56%

MOST SIGNIFICANT CHALLENGES IN 2024

Hiring Employee Cost

3.5

3.5

Employee Retention Rising Input Costs

4.0

4.2

Customer Sales Taxes Supply Chain Disruptions Access to Capital Other

4.3

4.3

6.3

6.5

8.5

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 2022 RESPONSE 2021 RESPONSE

3.6 3.5

3.5 3.6

4.3

4.3

5.7 4.1

4.1 4.3

4.3 5.7

7

8.4

3.1 3.5 3.6

3.8 3.6 3.5

4 3.9 4.4 4.8

4.6 4.7

5.2 4.7 5

4.4 5 4.6

7

-

3.1 3.8

3.8 3.1

4 4.8

4.6 5.2

5.2 4.4

4.4 4.6

7

-

8 | ROCHESTER AREA CHAMBER OF COMMERCE ADVANTAGE MAGAZINE — APRIL 2025

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