New data from the Minneapolis Federal Reserve is giving a first look at tribally-owned businesses across the country and their impact on economic development. The data was collected by the Center for Indian Country Development, which is within the Minneapolis Federal Reserve.

It finds that nearly every federally recognized tribe owns businesses and that those businesses are across a wide variety of sectors.

Joining Minnesota Now to tell us more about this research is Vanessa Palmer, data director for the Center for Indian Country Development and Jake Robinson, vice president of business and economic development with Mille Lacs Corporate Ventures and a Red Lake Nation tribal member.