Missouri Economic and Workforce Report
The Missouri Economic and Workforce Report provides a broad overview of Missouri’s economy in the last year, tracking a selection of meaningful indicators. In this annual review of the Missouri economy, changes in gross state product, personal income, civilian labor force, unemployment, and employment are analyzed for the current period and more broadly over the last five to 10 years. Data for 2023 show growth for the Missouri and U.S. economies, with an increase in gross domestic output, income, and employment across many sectors.
Target Industry: Construction
The Construction industry includes development, production, and support services of specialty trade, building, and heavy and civil engineering. Construction represents 5.8 percent of total private sector employment in Missouri, employing 143,528 workers across 17,161 establishments in 2023. Employment grew an average of 3.4 percent per year from 2018 to 2023, adding a total of 20,866 jobs. The average annual wage in the Construction industry was $74,631.
