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Explore the 2012 Missouri economic forecast by Dr. David Mitchell, Director of Bureau of Economic Research, analyzing data on GDP, home prices, bank lending, employment, income, and more. Gain valuable insights into the current and projected state of Missouri's economy.
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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)