Economy & Innovation

Population census
1:31 am
Thu March 27, 2014

Census Update: Population Shifts In St. Louis Continue Same Path

Credit (Credit: Sxc.hu Haap Media Ltd)

The population trends in the St. Louis metropolitan area continued in 2013, according to numbers released today by the U.S. Census Bureau.

The census estimates the city of St. Louis had 696 fewer people in July of 2013 than at the same time the previous year, 0.22 percent drop. At the same time surrounding counties in Missouri added population.

Saint Louis University sociology professor Onésimo Sandoval studies demography and said the numbers didn't surprise him. The structure of cities across the U.S. is changing, Sandoval said.

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Mosic Project
8:57 pm
Wed March 26, 2014

Commentary: Immigrants Will Help Rebuild St. Louis

Credit (via Department of Homeland Security website)

St. Louis has long benefited from immigrants. At the turn of the 20th century, St. Louis had almost 600,000 inhabitants, making it the fourth largest city in the nation behind New York, Chicago and Philadelphia. And of those people, almost 20 percent were foreign-born and more than 40 percent had foreign-born parents.

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Fostering Entrepreneurship
1:04 pm
Tue March 25, 2014

New Opportunities: Apprentice Program Enstitute Looks To St. Louis

Coming soon to St. Louis: Enstitute provides a chance for young people to apprentice in start-up companies.
Credit (Credit: Flickr/Sean MacEntee)

A New York-based apprentice program aimed at giving young adults experience within innovative companies is expanding to St. Louis.

Enstitute was founded in New York City by Kane Sarhan and Shaila Ittycheria in 2012. The goal was to help connect students who weren’t ready or interested in a traditional path to college get on-the-job experience with start-up companies and entrepreneurs. A second location was opened in Washington, D.C., in January.

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Historic Tax Credit
10:30 am
Tue March 25, 2014

Schweich Casts Critical Eye Toward Historic Preservation Tax Credit

Credit Jason Rosenbaum, St. Louis Public Radio

(Updated 4 p.m., Tues., March 25)

State Auditor Tom Schweich issued a tough audit of the Missouri’s historic preservation tax credit, saying that the incentive that’s refurbished countless buildings throughout the state is too expensive and structurally inefficient. 

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The Rundown
9:16 pm
Mon March 24, 2014

Economy & Innovation Rundown: Building Cities And Taking Down Trolls

What does a giant rubber ducky have to do with economy and innovation? Read on to find out.
Credit (Credit: flickr/Hiroshi Nishino)

We all know that St. Louis is unique in many ways — our passion for baseball; our obsession with bricks; our Arch.

It turns out, the region is even unique when it comes to gentrification. Two area academics wrote about their research on St. Louis gentrification in nextSTL.com.  They say the preconception about gentrification is that upwardly mobile whites move into urban neighborhoods and push out the largely minority, low-income population that lived there originally.

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Economy & Innovation
4:28 pm
Mon March 24, 2014

Can A Bike Sharing Program Succeed in St. Louis?

Flickr/Jeremy Noble

St. Louis could be the next U.S. city to host an urban bike-sharing program. Great Rivers Greenway is conducting a feasibility study to determine how successful such a program would be in the area.

“We want to look at the destinations where our residents are traveling to on a daily basis, whether that’s [to] work or shopping areas, or dining areas,” said Assistant Project Manager Elizabeth Simons. 

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Obituary
9:38 am
Sun March 23, 2014

Murray L. Weidenbaum: Washington University Economist, Chief Architect Of 'Reaganomics'

Murray Weidenbaum
Credit Washington University

Murray Weidenbaum, an influential scholar widely known as the key architect of President Ronald Reagan’s economic theory dubbed “Reaganomics,” has died.

In 1980, Reagan campaigned on a fix for an economy plagued by rising inflation, unemployment and a growing deficit. He appointed Mr. Weidenbaum as his economic adviser.

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Economy & Innovation
4:33 pm
Sat March 22, 2014

2013 A Banner Year For STL Startups

(via Flickr/digitizedchaos)

St. Louis’ startup scene gained big momentum last year.

A new report by the St. Louis Regional Chamber finds area startups raised more than $380 million in equity investments. That was more than six times the amount raised in 2012.

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Scott Air Force Base
8:34 pm
Fri March 21, 2014

Illinois Political Leaders Put Up United Front For Scott Air Force Base

Illinois political leaders -- including U.S. Sens. Dick Durbin and Mark Kirk -- met with a top Air Force leader on Friday at Scott Air Force Base.
Credit Jason Rosenbaum, St. Louis Public Radio

With big defense cuts on the horizon, Illinois’ federal and state leaders are putting up a united front to protect Scott Air Force Base. 

Both U.S. Sens. Dick Durbin and Mark Kirk were part of a federal and state delegation meeting with U.S. Air Force Chief of Staff Mark Welsh. Their meeting at Scott Air Force Base comes as Secretary of Defense Chuck Hagel asked Congress to re-start a base closing commission – or BRAC.

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Mass Transit
12:11 pm
Fri March 21, 2014

Video: Big Buses To Hit The Road In June

Credit Jason Rosenbaum/St. Louis Public Radio

Ray Friem of Metro has a simple message to riders of its Grand Line: “The big buses have arrived.” 

Metro showed off its refurbished, 60-foot, articulated buses on Friday. The buses represent the transit service’s response to overcrowding on the #70 Grand Line. Metro’s busiest route is often so crowded that riders have to stand – or can't even get on.

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