ST. LOUIS, Mo. (KMOX) — Missouri’s dragging behind other states in the “Mid-America” region when it comes to economic recovery.

However as a whole, the 9-state region fared pretty well in the report for January, according to Ernie Goss, an economist at Creighton University.

North Dakota, South Dakota, Minnesota, Nebraska, and Iowa have seen the largest economic improvements in 2012.

Gross says Missouri’s “Business Condition Index” inch up from 49 to 51 last month, with 50 considered “growth-neutral”.

And while the region’s overall economic growth is improving, Goss adds “it’s still going to take us another 18 months to two years to get back to pre-recession levels for the entire region.”

For Missouri, who lost the most jobs during the recession needs to add 160-thousand jobs to reach pre-recession levels.

Copyright KMOX Radio


Leave a Reply

Please log in using one of these methods to post your comment:

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

More From CBS St. Louis

Download The App

Listen Live