Thank you for joining us for the live broadcast of the President's remarks.
President Obama addressed the nation this afternoon regarding the current economic situation. You can review a live-blog of the President's speech via NPR's "The Two-Way."
Lambert -St. Louis International Airport is seeing an increase in passengers for the third straight month.
In June, the airport experienced a 4.4 percent increase in the number of departing passengers, which matches the numbers from a year ago.
Airport spokesman Jeff Lea says the airport is recovering from tough economic times in 2009 and 2010.
A survey of nine Midwestern and Plains suggests that higher energy prices and supply problems are slowing economic growth.
A report released Friday says the Business Conditions Index for the Mid-America region dropped in June, to 54.9 from 60.2 in May.
Creighton University economist Ernie Goss says higher energy prices and supply problems stemming from the Japanese tsunami and Midwest and Plains flooding have slowed economic growth.
The Missouri Botanical Garden will host a Chinese lantern festival next year.
The exhibition—the first of its kind in the United States—will feature 26 large, brightly-colored lantern displays from China's Zigong province.
More not-so-great economic news for the St. Louis region today.
The Home Builders Association of St. Louis and Eastern Missouri released its data on the number of permits issued by the six counties (St. Louis, St. Charles, Lincoln, Warren and Franklin) and the city of St. Louis. They show that builders were looking to start construction on just 120 new single-family homes in January 2011. That's down more than 40 percent from January 2010, and is the lowest monthly total since November of 2008.
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