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Economic Reports
OSEDA Economic Reports summarize current findings on selected economic issues.
- Housing Trends
- Missouri Retail Sales, 2002 (PDF Format)
This report is especially important for local governments in that sales taxes constitute a
significant portion of local government revenues, and any changes in sales tax
collections will likely affect the quantity and quality of local services provided to citizens.
Key Findings
Percent Change in Retail Sales in Missouri, by County 1999-2002 (Map)
Retail Sales Pull Factors in Missouri, by County 2002 (Map)
Retail Trade Potential Sales in Missouri, by County 2002 (Map)
- Drivers of the Missouri Economy: Industries of Competitive Advantage (PDF Format)
The purpose of this analysis is to identify the competitive or driver industries in Missouri's economy. This analysis is based on the Missouri Cluster Blueprint, which is a model for grouping competitive industries into clusters based on the degree of commonality among either shared suppliers, customers, labor or technology. Therefore, one key piece of information needed to identify industry clusters includes which industries have a locational competitive advantage within the economy, which are termed driver industries. The results of this analysis identified 82 driver industries where Missouri had a locational competitive advantage relative to other states.
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Using Labor-Based Industry Complexes for Workforce Development in Missouri (PDF Format)
Application of the industry cluster concept by development agencies is limited because cluster policies benefit economically powerful core regions over periphery regions and are of little use when a region has no competitive industries. To address these limitations, industry complexes can be used as an alternative to traditional cluster approaches. To demonstrate this, 49 labor complexes in Missouri are identified using cluster and discriminant function analyses, and their application to workforce development policy in Missouri are discussed. Labor complexes can be used to assist: (a) job placement programs by identifying industries that are similar in labor but dissimilar in primary economic activity, (b) economic development by identifying existing pools of specialized labor for recruitment, and (c) development of customized training and education programs that meet industry demands.
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