by Patrick Ishmael, Michael Rathbone
February 22, 2013
Missouri’s economic growth is lagging behind the rest of the country. To underscore the point, the Show-Me Institute presents three tables, featured on page 2. Table 1 compares Missouri’s growth to the rest of the country in real Gross Domestic Product (GDP) since 1997. Table 2 shows a similar comparison, this time of Missouri’s growth in real GDP per capita relative to the rest of the country. Table 3 is the same analysis using total non-farm employment. The higher the 2011 index, the better a state has performed in a category. Missouri is among the 10 worst performers in each category. That is a problem. If the state does not act to make its business climate more attractive, it should not expect its economic fortunes to improve anytime soon.