Economic Outlook in St. Louis

Though total nonfarm employment for the St. Louis metropolitan area was down 1.7% from a year ago, the local economy picked up a net 16,400 jobs since July. The area’s unemployment rate of 5.1 was in line with the state and below the national average. Compared to a year ago, employment was down in all sectors except financial. The biggest drop occurred in construction and mining. Two sectors--wholesale/retail trade and services--accounted for 56% of total jobs in metropolitan St. Louis. Government employment had a 5-month increase of 20,000.

The key factors contributing to the St. Louis area’s diversified economy are trade, banking and finance, construction, communications, utilities, tourism, and manufacturing (notably aircraft manufacturing and automobile assembly). Expanding services provide jobs for more than a third of the workforce. Metropolitan St. Louis is committed to high concentration of jobs in computer systems, electronics, medicinals, industrial chemicals, and communications services. It also is home to marketable world-class R&D in plant and life sciences. Major employers include such giants as Anheuser-Busch, Ralston-Purina, Emerson Electric, Boeing, GM, Ford, Chrysler, Monsanto, and United Van Lines. The area is served by excellent road and rail systems, the Lambert-St. Louis International Airport, and extensive port facilities on the Mississippi River.

Visit the website of our local St. Louis apartment locating expert.

Links To Great Web Sites!
These United States - Resources and Related Information for Missouri.
A to Z Home Buying and Selling Real Estate Guide - Vendema
Abacus Real Estate Foreclosures Guide

Warsaw hotel - Hotel apartments in Warsaw

Find Vacation Rentals .com
Online source for vacation rentals. Vacation homes, condo rentals, cabin rentals, beach rentals, and more. Owners advertise your property today.

Effexor