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.
There are roughly 4.5 available childcare slots for every 10 children under the age of 5 in Missouri.
Roughly 6.6 of every 100 jobs available in Missouri are considered inventive.
In 2022, the Missouri SBDC team continued to advocate for small businesses in their communities, worked side-by-side with clients to address the real issues, and drove us forward to be responsive and relevant to the needs of our small business clients.
Creative industries employed nearly 109,000 Missourians in 2022, representing 3.4% of the state’s workforce.
Missouri had an overall gain in population between 2020-22 due to an increase in net migration. That migration offset a natural decrease in population - more deaths (12,915) than births – over that same time.
Missouri farms reported total agritourism sales of $15.6 million in 2017. Estimating an average agritourism income of nearly $24,000 per operation, Missouri ranked 4th among border states.
Missouri’s average 2022 electricity prices were 9.82 and 8.10 cents per kilowatt-hour for commercial and industrial customers, respectively. These rates were lower than the U.S. average for similar customers.