One of the construction industry’s leading experts say things are slowly turning around for manufacturing towns, like St. Louis, but still challenges cloud the picture.
The latest COUNTRY Financial Security Index® survey finds just 28 percent of people living in the St. Louis-area think the old, per-recession economy will return.
On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.
This is four months in a row that the index has shown economic growth.
The recession, high gasoline prices and a series of increases to Illinois’ minimum wage contributed to the move.
Many complain of no longer having disposable income
Jobs aren’t being added at the same pace as they were lost when the recession began
Missouri’s dragging behind other states in the “Mid-America” region when it comes to economic recovery.
Dooley admitted he made what he called clumsy mistakes, saying the recession is “new territory” for the county.
The tunnel’s projected 2012 opening may be delayed.