Consulting Report
10 Sep 2025

The Economic Impact of General Mills in the United States

This study, commissioned by General Mills, analyzes the company’s economic impact in the US, including its operations, supply chain, and employment.

With a history spanning nearly 160 years, General Mills is deeply rooted in the U.S. food industry, with operations and a supply chain integrated across multiple U.S. states. The company’s economic impact includes substantial contributions to U.S. GDP and employment.

In 2024, General Mills supported approximately 134,000 jobs and contributed $19.3 billion to the U.S. economy, reflecting its significant role in the packaged foods sector. The company also invests in community programs and education, reinforcing its commitment to communities nationwide while continuing to innovate and grow in the food industry

This report was brought to you by the ECONOMIC IMpact team.
Quantifying the economic, social, and environmental impact of government policies, new investments, technological innovations, industries, and companies at a global, national, or local level.
The experts behind the research
  • Laurence Wilse-Samson

    Laurence Wilse-Samson

    Lead Economist, Economic Impact
    Laurence Wilse-Samson

    Lead Economist, Economic Impact

    Laurence is a Lead Economist in the economic consulting team in New York. He was previously Director of Policy Research and Economics at Bird, the electric scooter company. He has extensive experience performing economic modeling, research and analysis for private and public organizations and has worked doing economic analysis for litigation consulting at companies in the US and UK. He has also lectured at the University of Johannesburg, the University of Cape Town, and NYU. He has a PhD in economics from Columbia University.

  • Avantika Tandon

    Avantika Tandon

    Assistant Economist, Economic Impact
    Avantika Tandon

    Assistant Economist, Economic Impact

    Avantika is an Assistant Economist on the U.S. Economic Impact team. Before pursuing her master’s degree, she worked as a Pre-Doctoral Fellow at Boston College, focusing on retirement research. She holds a Master’s degree in Quantitative Economics from NYU and a Bachelor’s degree in Economics and Psychology from Boston University.

  • Hamilton Galloway

    Hamilton Galloway

    Head of Consultancy, Americas
    Hamilton Galloway

    Head of Consultancy, Americas

    Hamilton Galloway joined Oxford Economics in 2014 as Head of US Consultancy - a team focused heavily on developing quality, customized research, analysis and impact modeling services for a range of private and public organizations. Prior to joining Oxford Economics, Mr. Galloway worked nearly seven years as an economist, senior consultant and manager at Economic Modeling Specialists Int (EMSI), a data and analytic company based in the US.

    Mr. Galloway's work included building a consultancy presence in the US, conducting bespoke economic and labour market research and engaging public and private sector clients. In 2013/14 he lived and worked in the UK as a senior consultant, focusing on developing data-driven, decision-making analytics and reports for use across public entities and education. He has authored numerous reports, publications, as well as economic development user guides and even a textbook chapter.

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