St. Olaf College | News

Economics professor talks to KARE 11 about sale of Green Giant

BeckerAnthony450x250St. Olaf College Associate Professor of Economics Anthony Becker tells KARE 11 news that it’s not surprising that General Mills may be looking to sell Green Giant.

“A sizable segment of consumers are moving away from things that are canned or frozen if they can … They want fresh. They want local, if possible,” Becker tells the NBC affiliate.

As for what the potential sale may mean for the Minnesota economy — which has seen its share of concerning headlines this week — Becker says there’s no reason to worry.

“We’ve got 3M. We’ve got Medtronic. We’ve got a lot of dynamic companies that are doing very well. And I think if you look at the picture overall, the state is in really good shape,” Becker says.