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2012 Missouri Economic Forecast . Dr . David Mitchell, Director Bureau of Economic Research. US and Missouri Compared (Percent Change in Real GDP by Sector 2009 to 2010). US and Missouri Home Prices (1980:Q1 = 100 ; Constant $1980). 116. 100.
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2012 Missouri Economic Forecast Dr. David Mitchell, Director Bureau of Economic Research
US and Missouri Compared(Percent Change in Real GDP by Sector 2009 to 2010)
US and Missouri Home Prices(1980:Q1 = 100 ; Constant $1980) 116 100
New Single Family Home Permitsper 10,000 population 13.7 9.4
Missouri Bank Lending --where is the decline in lending from?
Missouri Personal Income(Constant 2011:Q3 $--SAAR) 0.45% Growth
Missouri Employment • Peak of 2,917,423 Dec. 2006 • Trough of 2,704,447 Nov. 2010 • 2011 Average 2,759,224 • Current 2,799,208 2011 = Feb. 1997
Percent Change in County Employment September 2010 to September 2011
Missouri Employment in Recovery Index(Employment in Month 1 of Recovery = 100) 107.6
US and Missouri Employment 1.1% 3.75%
Where is Missouri Growing?(January 2011 to today) • Kansas City (14,963) • St. Louis (29,524) • MSA Minor (11,553) • Rural (12,369)
Change in County Unemployment RateSeptember 2010 to September 2011
Labor Force in Missouri 0.17% CAGR 1.38% CAGR
Millions of Real Missouri Corporate Income Taxes (Fiscal Year)