economy

Mr. Shiv / Flickr

COLUMBIA, Mo. (AP) — Boone County officials and some vendors say they are concerned the closing of the Central Missouri Events Center could hurt the region's economy.

The center, formerly known as the Boone County Fairground, will hold only a few events before closing shortly after Thanksgiving. The decision came after county voters in August soundly defeated a proposed eight-cent sales tax to support the center, other county parks and economic development.

A monthly economic survey index for nine Midwestern and Plains states rose slightly in August, suggesting growth is ahead.

Billion dollar day care

Aug 27, 2014
Nori / Flickr

    

Zsanay Duran lives at the end of a cul-de-sac in her neighborhood in Springfield, Mo. Inside her house looks less like a home and more like a daycare center.

Duran began providing unlicensed home daycare sort of by accident. Last fall when she was looking for work for her teenage son, she came across a posting on Craigslist from a mother who was desperate for childcare. The woman had an 8 month old baby and worked the 5am shift at a local fast-food chain. She could only afford $12 a day for childcare. Duran said her story really hit home.

“I was a single mom and I needed help in order to get on my feet and that’s why someone did for me,” Duran said. “And if I can help someone else get on their feet, why not?”

Elle Moxley / KCUR

President Barack Obama plans to use his visit to Kansas City to prod Congress to close corporate tax loopholes and take other action before going on summer break this week instead of trying to sue him.

Elle Moxley / KCUR

Missouri lawmakers want to put a stop to economic incentives for businesses who move across the state line from Kansas.

But the legislation Gov. Jay Nixon signed into law Tuesday only goes into effect if Kansas agrees to a similar measure to end what's commonly known as the "Border War."

Andrew Yost / KBIA

President Obama will speak to the nation with the annual State of the Union address Tuesday night. Columbia citizens voiced their expectations for the address, commenting on Obama’s previous term and what expectations they had for the next four years. Some were hopeful, while others were more disgruntled.

images_of_money / Flickr

Governor Jay Nixon today signed an executive order to close state offices on Black Friday, Nov. 23, in part because state revenues have increased. State Budget Director Linda Luebbering said the state’s revenue collections are up by 7.5 percent compared with last year.

“We’re beginning to see the improving economy’s impact on our revenue collections," Luebbering said. "It’s always a lag as the economy improves – takes a little while for that to start showing up in our revenue collections."

Construction bulldozer
File Photo / KBIA

According to the latest jobs report from the state [pdf], the number of jobs created in Missouri is going up, and the unemployment rate is at its lowest in nearly four years. Some of the greatest growth was in the construction industry.

Peggy Lowe / Harvest Public Media

A new monthly survey suggests the economy in nine Midwest and Plains states will continue to slow down but continue growing even as Europe's woes persist.

The region's overall economic index dipped to 57.2 in June from May's 57.6 and April's 60. Any score above 50 suggests growth.

Creighton University economist Ernie Goss says businesses in the region are still benefiting from healthy farm income and exports, but the activity is slowing.

Global economic problems are hurting export orders.

State revenues ahead of projections, up 3.4 percent

Jun 6, 2012

Missouri’s revenues rose more than expected during the month of May.

The state collected about $6.6 billion in revenue last month, compared to just under $6.4 billion in May of 2011.  Governor Jay Nixon’s Budget Director, Linda Luebbering, credits most of the improvement to higher collections of state income and sales taxes.

“That's the good news, things are picking up,"  Luebbering said.  "I think we do have to be cautious, still, because of what’s going on at the national and particularly the international picture, with European Union issues and everything that's going on globally that could have some bearing on the overall economy.”

The District hosts its annual Living Windows festival Friday night in Columbia.

Regional News Coverage from the KBIA Newsroom.