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Friday, June 24, 2011

Missouri Business Growth Ranks Last in U.S. : Chamber of Commerce Released Report

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June 24, 2011


A new report has been released by the United States Chamber of Commerce this week and according to that study Missouri trails every state in the United States in conditions for business growth.
The study ranked every state on 32 different metrics of competitiveness from fiscal issues to economic performance to taxes and regulation and more.
For each of the 32 diagnostics, the study ranks the top 10 states, next 15 and lowest 25. According to the study, Missouri was ranked the bottom 25 states in 24 of the 32 metrics. That was the worst performance of any state.
According to the United States Bureau of Labor Statistics, nearly 50 thousand fewer Missourians have jobs today than when Governor Nixon took office. The unemployment rate is nearly one percentage point higher that when Nixon was sworn in. Currently there are almost 270,000 Missourians who cannot find work.
A similar study in 2010 ranked Missouri in the top 25 in 13 of the 35 categories.
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