The Latest GDP Report: What Does It Mean for 2023?
While Washington, D.C., is seized by speculation surrounding debt ceiling showdowns and the specter of government default, other recent news—namely,...
MSA Growth in Missouri
The start of a new year is a great time to reflect on the past and make resolutions for the...
Almost 47th
Missouri’s economy has been in the slow lane for decades. Unfortunately, unless things change, Missourians will likely be left behind...
Missouri’s Private Sector Expanding
According to the most recently released data from the Bureau of Economic Analysis’s (BEA), (https://www.bea.gov/newsreleases/regional/gdp_state/qgsp_newsrelease.htm) Missouri’s output of goods and...
The Dismal Recovery
The “recovery” of the last seven years remains the worst in postwar American history. Average gross domestic product (GDP) growth...
Personal Income in Missouri Continues to Lag
Recent economic data reinforces an old story: Missouri’s economy is not expanding fast enough to substantially raise its citizens’ income. ...
Show-Me Now! When Better Is Not Good Enough
The Bureau of Economic Analysis recently released state real GDP data. Show-Me Institute Chief Economist Joseph Haslag updated his analysis...
It Could Be Worse. Not Much Worse, but It Could Be Worse.
The Bureau of Economic Analysis recently released data on real GDP for all 50 states. Since Missouri’s growth in recent...
And the Beat Goes On . . .
The Bureau of Economic Analysis (BEA) recently released its annual report on personal income growth and prices at the state...
Missouri is 35th. Yay!?
When thinking about Missouri’s recent economic track record, one would be tempted to treat any positive economic signs with much joy...
Some Good Economic News (Well, at Least About Cost of Living)
Economic data released by the Bureau of Economic Analysis (BEA) last April continued to show that income in Missouri just...
Getting the True Value of Farmland
It’s interesting when there are two wildly different takes on the same thing. For example, take me vs. the general public on Dances...
Missouri Stagnation! In Color
This is not the first time that I have lamented about Missouri’s economic performance. However, the U.S. Bureau of Economic...
Three Strikes?
Major League Baseball’s Opening Day is approaching so let me start with a baseball analogy. In the Triple Crown of...
Subsidies to Private Industries Equal 3 Percent of the Missouri State Budget
Yesterday, I highlighted how the state government spends billions in subsidies to private industries in Missouri — $6.476 billion since...
Missouri Spends Billions Propping Up Private Industries
Missouri spends more than half a billion dollars annually propping up private industries. The following graph shows the trend of...
You’ve Been on a Fast Train, and It’s Going Off the Rail
Transportation expert (and sometimes Show-Me Institute author) Randal O’Toole wrote an editorial for USA Today about the folly of huge...
Growth by State
Many variables affect a state’s economic growth, including public policy, natural resources, geographic location, business centers, etc. The large number of contributing...
Mayor Slay Overestimates Economic Impact of Up in the Air
In this KMOX article from yesterday, Saint Louis Mayor Francis Slay comments about Missouri’s film tax credit program: They (filmmakers)...
Missouri in Relatively Good Standing
Last week, I was introduced to the Tax Foundation’s Tax Freedom Day report. Aside from being an educational visualization of...
