Report Credits STL for its Increasing Incomes & Employment
Full articles — St. Louis Public Radio | Brookings Institution
In a recent Brookings Institution study of 70 older industrial cities, St. Louis ranks among the ones with stronger economies that are making progress on the road toward renewal and reinvention.
“(St. Louis has) been one of the stronger economies in terms of good job creation,” said Alan Berube, a senior fellow at the Brookings Institution and co-author of the study. “The jobs, on average, are getting better in the St. Louis economy, and incomes and employment are increasing at faster rates locally than they are in a lot of older industrial cities.”
The report, called “Renewing America’s Economic Promise through Older Industrial Cities,” places cities in four major groups (strong, emerging, stabilizing and vulnerable) based on their economic performance from 2000 to 2016.
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