Missouri State Profile

Officials warn of state spending cuts as revenue collections fall short; business conditions continue to improve with growth in new orders and production; unemployment keeps pace with national rate; home price depreciation remains mild.

• State job growth fell 3.0% in August 2009 from a year ago; national job growth fell 4.4%.
• State unemployment averaged 9.5% in August 2009; the national average was 9.7%
• Personal income fell 1.5% to $213 billion in Q2 2009 from a year ago.
• Tax revenue fell 17.1% in Q2 2009 from the previous year.
• Exports fell 24.6% to $7.6 billion in the first seven months of 2009 from a year ago.
• Venture capital investment in MO fell 98% to $240,000 in Q2 2009 from a year ago.