The economic health of Missouri is tightly bound to the fortunes of Saint Louis and Kansas City, as these two metropolitan areas account for over half of the state's output. Unfortunately, the performance of both cities has been dismal in the 21st century, and the predictable result is that growth statewide has been poor as well. This essay examines growth not only in Saint Louis and Kansas City, but also in the state's smaller metropolitan areas and rural areas, comparing them to counterparts nationwide. Although there have been pockets of economic vitality throughout the state, the two major metro areas have generated a drag on state ouput that has left Missouri as one of the slowest growing states in the nation. Click on the link below to read the entire essay.
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About the Author
Michael Podgursky is a professor of economics at the University of Missouri–Columbia, where he served as department chair from 1995 to 2005.
Nicholas Pretnar was an undergraduate economics math and economics major at University of Missouri. He is now a PhD student in the Tepper School of Business at Carnegie Mellon University.