Industry Concentration in Missouri
Industry concentration analysis using location quotients (LQ) helps identify the industries that are more specialized in a particular area. Businesses that are more specialized due to exporting goods and services, or because they draw customers in from outside the state, are important sources of new income. Overall, the manufacturing sector in Missouri has an LQ of 1.2, indicating the industry is more concentrated in the state than in the U.S. Click on the link above to view other industries that have a high concentration in Missouri.
Latest Federal Beige Books for Kansas City and St. Louis
The Beige Book is a Federal Reserve System publication about current economic conditions across the 12 Federal Reserve Districts. It characterizes regional economic conditions and prospects based on a variety of mostly qualitative information, gathered directly from each District's sources. Missouri is the only state with two federal reserve banks – one in Kansas City and one in St. Louis. Reports for these regions give an update on labor markets, prices, consumer spending, and industry activity. Click on the link above to learn more about economic activity across the country in October.
