Missouri Resources Page
Inward Investment Guides

Regional Review: Globalization Is Vital Part of Midwest States’ Economies

Mali R. Schantz-Feld (Location USA / April 2013)
States in the Midwest are taking an active part to build their own destiny. While manufacturing has always been a part of the region’s history,diversification has spurred growth in the tourism, business services, and finance sectors as well. More

The Leading Inexpensive Cities for Business

Area Development Online Research Desk (October 2012)
The lowest cost of living on the C2ER Cost of Living Index among Area Development's Top 50 Leading Locations for 2012. More

Automotive In-Sourcing: A Long-Term North American Trend?

Gregory Burkart, Detroit Manging Director, Duff & Phelps (Automotive Site Guide 2012)
The five primary factors that are driving "in-sourcing" in the U.S. auto industry. More

Leading Locations for 2012: The "Recession Busting" Metros

Area Development Online Research Desk (August 2012)
We ranked 365 MSAs across 23 economic and workforce growth indicators in our Leading Locations for 2012 report. Here, we rank the cities based only on selected economic indicators ranking change from 2009 (just around the height of the recession) against the most recent data for that indicator. More

The Leading Metros for "Prime Workforce" Growth

Area Development Online Research Desk (August 2012)
We ranked 365 MSAs across 23 economic and workforce growth indicators in our Leading Locations for 2012 report. Here, we rank the cities based only on the selected indicators from the overall report that measure workforce vitality. More

The Leading Midwest States Metros for Economic and Workforce Growth

Steve Stackhouse (August 2012)
Area Development ranks the Top MSAs in the Midwest states for economic and workforce growth based on the overall results from our Leading Locations for 2012 study. More

Regional Review: Midwest States Actively Diversify Their Economies

Mali R. Schantz-Feld (August 2012)
While manufacturing has always been a part of the region's history, a report entitled "Midwest Destiny" - by the Federal Reserve Bank of Chicago - noted that diversification has spurred other sectors, such as tourism, business services, and finance. More

SubTropolis Offers Deep Reasons to Locate Underground

Steve Stackhouse (July 2012)
More than 50 businesses lease space within SubTropolis, a subterranean business complex located in Kansas City - a maze of warehouse, office, and light industrial space, several miles of roads, a couple of miles of rail, nearly 400 truck dock locations, and more than 1,500 parking spaces. More
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Studies/Research

MISSOURI at a glance

POPULATION: 6,010,688

LABOR FORCE: 3,070,000

RIGHT TO WORK: No

TRADITIONAL INDUSTRIES:Agriculture, manufacturing, tourism, service and trade

EXPANDING INDUSTRIES: Advanced manufacturing, biomedical/ biotechnology, renewable energy development and systems, aviation/aerospace, information and media, financial services, professional services, warehouse/distribution, healthcare services

COLLEGE GRADUATES: (Age 25 and over) 25.6%

BASIC BUSINESS TAXES:
Corporate Income Tax: 5.2 percent net effective corporate income tax rate

Sales and Use Tax: 4.225 percent state rate; an additional 1.5 percent use tax for local jurisdictions; communities may adopt a local sales tax, generally ranging from 0.5 to 1 percent; counties also may adopt a sales tax ranging from 0.25 percent to 1 percent, with exemptions

Property Tax: Real property classified as commercial/industrial is assessed at 32 percent, residential at 19 percent, agricultural at 12 percent of true or fair market value; commercial and industrial real property assessed an additional county surcharge designed to replace revenues lost by tax exemption of business inventories (with exemptions)

BUSINESS INCENTIVES:
Quality Jobs Act (refundable job creation tax credit)

Missouri Build (refundable investment tax credits)

Missouri Customized Jobs Training grants

New Jobs Training (withholdings tax redirection)

Enhanced Enterprise Zone Tax Credits

Chapter 100 property tax abatement

Tax-exempt industrial development bonds

State Historic Tax Credit

Industrial infrastructure grants

Action Fund Loan Program

Tax increment financing

Foreign-trade zones

Rebuilding Community Tax Credits

Brownfield redevelopment tax credits

Principal Manufacturing industries

  • Food Products
    15.7%
  • Transportation Equipment
    14.1%
  • Fabricated Metal Products
    11.7%
  • Machinery
    10.7%
  • Chemicals
    7.1%
  • Plastics & Rubber Products
    6.0%
  • Printing & Related Support Activities
    5.2%
  • Electrical Equipment, Appliances, & Components
    4.6%
  • Nonmetallic Mineral Products
    3.1%