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Exceed - Regional Economic and Entrepreneurial Development

Missouri Economy Indicators

Missouri Economy Indicators

This series explores business, industry, workforce and demographic topics that impact Missouri’s economy.

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Enhancing economic opportunities, Exceeding expectations

University of Missouri Extension's Exceed program enhances economic development opportunities by providing high-quality research and insights to our partners.

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Publications

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Federal Contracting Trends in Missouri

Publication date: Feb. 1, 2021

Executive summaryFederal contracting is an important generator of economic activity — not only in places like Washington, DC — but also throughout the country in states such as Connecticut, New Mexico and Missouri. Private firms of all sizes ...

Entrepreneurial Dynamics in Missouri Counties

Publication date: Jan. 1, 2021

Entrepreneurial dynamics — the flow of business startups and business turnover, or churn, in a place — shape economic growth. Entrepreneurs may spark economic growth and development by contributing to employment growth, innovation, quality of ...

Local and Regional Food System Resilience During COVID-19

Publication date: Jan. 1, 2021

COVID-19 elevated U.S. food access, affordability and supply chain issues into media, industry and policy discussions during 2020. Known for their short supply chains and locally focused marketing, local and regional food systems (LRFS) nimbly ...

Characteristics of Missouri’s Food, Agriculture and Forestry Workforce

Publication date: Oct. 1, 2020

Missouri’s food, agriculture and forestry industries are an important part of the state’s economy, and employ workers in every county. Analyzing available Labor Market Information allows us to better understand the employment patterns of the 98 ...

Agricultural and Entrepreneurial Factors Driving U.S. Food Manufacturing Startup Locations

Publication date: July 1, 2020

Food manufacturing’s earnings and jobs rank it as the largest industry within rural America’s manufacturing sector, which accounted for 20% of rural (nonmetro) earnings and is a key economic driver in rural communities. In 2018, the U.S. food and ...

Gross Domestic Product Trends in Missouri

Publication date: June 1, 2020

In December 2019, the U.S. Bureau of Economic Analysis (BEA) released county-level measures of gross domestic product (GDP) for the first time. GDP measures the total value of goods and services produced less the value consumed to produce those goods ...

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Resources

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Missouri Economy Indicators, Vol. 2, Issue 06: Unemployment Trends During COVID-19 – Mar. 15, 2021

The number of Missourians receiving unemployment benefits spiked in April 2020 as the COVID-19 pandemic shook the economy. Since then, it has steadily declined. Although rates remain elevated, several factors point to positive hiring trends to come.

Missouri Economy Indicators, Issue 15: Business Applications and Churn — Oct. 19, 2020 (PDF)

Even in difficult economic times, entrepreneurs see opportunities and start new businesses. In the first 40 weeks of 2020, Missouri had 5.9% more applications filed to start new payroll businesses than the same time in 2019. But past survivability ...

Missouri Economy Indicators, Issue 16: E-Commerce and Online Sales — Nov. 2, 2020 (PDF)

Many businesses are considering new ways to increase sales as COVID-related impacts reduce revenue. The use of retail e-commerce has grown over the last couple decades, but recently saw a jump of nearly 5% as consumers shifted to more online ...

Missouri Economy Indicators, Issue 18: Small Business Openings and Revenue — Nov. 30, 2020 (PDF)

The share of open Missouri small businesses has averaged 79% in recent months, but heightened COVID-19 concerns in November may be causing some firms to close again. A continued weakening of local consumer spending could force some businesses to ...

Missouri Economy Indicators, Issue 19: Unemployment Indicators — Dec. 14, 2020 (PDF)

Missouri’s unemployment rate has declined to a pandemic-era low 4.6%, but the effects of the pandemic on Missouri’s workforce are not being felt equally across the state. Declines in labor force participation and employment, and increases in ...

Missouri Economy Indicators, Vol. 2, Issue 01: Gross Domestic Product Trends — Jan. 4, 2021 (PDF)

In 2019, Missouri had a $328.4 billion economy — the nation’s 22nd largest. GDP growth within Missouri is uneven, but the state’s largest metro areas drive its economy. This brief highlights recent GDP growth trends, and the economic ...

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