Despite the pandemic, Missouri payroll business applications have grown and by late August were 27% higher than 2020 levels.

The successful journey of consumer goods from factory to doorstep hinges on the strength of the transportation network and the logistics industry. Home to both the “Gateway to the West” and the “Heart of America,” Missouri plays a key role in connecting the U.S. and facilitating commerce.

According to the 2020 Census, Missouri is home to 6,154,913 residents, making it the nation’s 19th largest state. Between 2010 and 2020, Missouri grew by 2.8%, a rate similar to neighboring states, but about half of the U.S. rate of 7.4%.

In August 2021, Missouri had an estimated 207,000 job openings and 123,0000 unemployed persons looking for work. For every 10 job openings, six job-seekers were available — a 0.6 ratio – suggesting a tight labor market.

Missouri’s more than 140 animal processing firms — businesses with payroll employment — supported nearly 17,500 jobs in early 2021. In Missouri, animal processing employment is 1.7 times more concentrated than the U.S. average.

In spite of increased talk about the growth of remote work, most Missourians still work on-site. More than 60% of Missourians reported living in a household where at least one person worked on-site at a workplace in the past seven days.

In 2020, Missouri had a $329.4 billion economy, the nation’s 22nd largest. Missouri's gross domestic product shrank slower than the U.S. Between 2019 and 2020, Missouri’s real gross domestic product declined 2.8%, and the U.S. economy shrank 3.4%.

The pandemic has taken its toll on employment, but some Missouri sectors continued to gain jobs from 2019 to 2021. Detailed private-sector data lets us compare recent & pre-pandemic trends, as well as differences between metro & nonmetro areas.

Our 2021 annual report is only a glimpse at the tremendous impact the Missouri SBDC business counselors and coaches had in their communities. I encourage you to watch the client videos and read the stories within the report to see the vast experience and expertise our network has and how that is used to serve all types of businesses.

Over 61,000 students graduated from Missouri high schools in 2020. 36% of 2020 graduates elected to pursue post-secondary education at a 4-year institution, while approximately 25% of 2020 graduates went directly into the workforce.

Commuting data analysis from the past two decades show that in 2019, over half of Missouri commuters left their home county for work, compared to 4 in 10 Missouri out-commuters in 2002.

Enterprise services, capabilities, and systems supporting the end-to-end Procure-to-Pay (P2P) business process.

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The greatest pandemic-related job losses in the health care and social assistance sector have occurred in nursing and residential care facilities. In January 2022, these facilities had 13.9% fewer jobs than they did two years prior.

Missouri wood product and paper product manufacturers account for almost 6% of the state’s manufacturing jobs, similar to the U.S. average. Most wood product manufacturing jobs concentrate in southeastern Missouri near forested areas.

In the years leading up to 2020, Missouri and U.S. home values steadily rose at an annual rate of 5%, but over the past two years several factors have driven double-digit annual growth rates. The growth rate varies across the state.

Missouri is home to nearly 7,200 manufacturers that employ 274,000 people. Smaller firms (<100 employees) account for 92% of all Missouri manufacturers and 32% of the state’s manufacturing workforce.

Based on three-year cohorts from 2001-18, 69% of four-year degree-completers at Missouri’s public colleges and universities worked in the state one year after graduating.

Of all microbusiness owners, 40% are fully employed by their microbusinesses, but 36% have full- or part-time jobs elsewhere.

80% of young adults born between 1984 and 1992 migrated less than 100 miles from home.

On average, Missouri producers selling local foods reported $39,000 in annual 2020 sales.

Of Missourians who previously had COVID-19, 37.4% reported symptoms lasting three months or longer, compared with 33.2% of all Americans. Of working Missourians, 7.5% need paid sick leave, and 5.9% need paid family leave.

Almost 25% of travelers identified outdoor recreation as one reason for visiting the state in fiscal year 2021.

Renewable energy provided nearly 12% of Missouri’s electricity in 2021, exceeding 10% of the state’s electricity fuel mix for the first time.

In 2021, Missouri stood 22nd in the nation with a $359 billion economy. Following a 2.7% decline in 2020, Missouri’s real GDP increased 4.6% between 2020 and 2021.