Economy & Innovation

St. Louis on the Air
5:01 pm
Thu January 2, 2014

Looking Ahead At 2014, What Can St. Louis Expect?

(via Flickr / davewing68, year added by St. Louis Public Radio)

As much as we like to think of the New Year as a clean slate, the issues and developments of the years before carry over. With that in mind, today on St. Louis on the Air we took a look at what the trends of the past 12 months can tell us about what the St. Louis region can expect in 2014.

The conversation focused on politics and the economy, with a special focus on innovation, entrepreneurship and diversity.

Guests in studio today were:

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Update
8:27 pm
Mon December 30, 2013

Many U.S. Families Still Recovering Lost Wealth, Say St. Louis Fed Researchers

Credit sxc.hu

U.S. households have come a long way in regaining wealth lost in the Great Recession, but the pace of recovery remains uneven largely due to the housing market, say researchers from the St. Louis Federal Reserve.

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Forecasts
9:06 pm
Sun December 29, 2013

Commentary: Temper The Economic Optimism For 2014

Credit dleafy | sxc.hu

The end of the year is always a time to take stock of what has transpired during the past year and what is likely to happen in the one about to begin.  Let’s do so by considering several key economic measures.

Economic expansion limped along for another year.  Gross Domestic Product (GDP), adjusted for inflation, is the best measure of the economy’s total output. It increased this year, but not nearly as fast as many would hope, especially three years out form the end of the Great Recession.

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St. Louis County Council
9:02 pm
Sun December 29, 2013

St. Louis County Complete Streets Bill Remains In Limbo

Credit (via Flickr/photohome_uk)

The "Complete Streets" legislation under consideration on the St. Louis County Council still faces plenty of roadblocks to final passage. One of the sponsors, Councilman Pat Dolan, D-Richmond Heights, held up the bill again last week, which he’s done since late November, and announced he wants to rewrite parts of it.

Dolan also said that he’s going to meet with groups affected by the bill and come back to the matter early next year.

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Boeing
5:00 am
Fri December 27, 2013

Amid Nationwide Scramble, Missouri Seeks To Stand Out To Nab Boeing's 777X

Credit (Flickr Creative Commons User Andres Rueda)

The opportunity was too good to pass up. 

When Boeing decided to move production of its 777X passenger plane out of Seattle, states across the country were eager to offer their services. Missouri's political and business leaders were no exception.  They simply couldn't miss out on the chance to cement thousands of high-paying jobs for decades to come.

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Holiday Air Travel Security
10:58 pm
Mon December 23, 2013

TSA Loosens Screening For More Lambert Airport Flyers

A TSA agent screens a passenger at one of Lambert Airport's PreCheck security lines.
Joseph Leahy / St. Louis Public Radio

The Transportation Security Administration is clearing more than a quarter of the nation's commercial passengers for expedited screening as it expands its PreCheck program. Nationwide, the number of airports participating in the program has expanded from about 40 last year to more than 100 today.

During a press conference at Lambert Airport Tuesday, Federal Security Director William Switzer said travelers can now find separate screening lines at all concourses.

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Economy & Innovation
5:00 am
Mon December 23, 2013

St. Louis Looks To Immigrants To Bolster Region

(courtesy St. Louis Mosaic Project)

St. Louis city and county lost population in the 2010 census which created big concerns about the region’s future.

In reaction, the area's civic leaders quickly turned their attention to immigrants.

Foreign born residents make up less than 5 percent of the metropolitan area, far below most other major U.S. cities.

The St. Louis Mosaic Project came together this last year to address the issue.

St. Louis Public Radio and The Beacon’s Maria Altman spoke with Betsy Cohen, the Mosaic's project director.

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Economy & Innovation
5:36 pm
Wed December 18, 2013

Mapped: How Do St. Louis' Earnings Stack Up?

The picture of median household incomes in the St. Louis region at a glance. Explore the interactive graphic for yourself below.
(via WNYC)

Let's admit it - we all wonder what our neighbors are earning. Or, if our assumptions about what we earn are true.

In a geographical "keeping up with the Joneses" our friends at WNYC have put together this handy map of median household incomes across the United States.

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Business
2:02 pm
Wed December 18, 2013

Boeing Executives Move Up

Dennis Muilenburg has been named Boeing vice chairman, president and chief operating officer.
(courtesy of Boeing)

Boeing announced the promotion of several executives Wednesday, including within Defense, Space and Security in St. Louis.

Dennis Muilenburg, who now heads up the $33 billion Defense division, has been named vice chairman, president and chief operating officer.

In a statement Boeing officials said Muilenburg will move to corporate headquarters in Chicago, where he’ll share oversight of the day-to-day business operations with President and CEO Jim McNerney.

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CityArchRiver 2015
8:58 pm
Tue December 17, 2013

Opinions Vary On Impact Of Arch Riverfront Construction

Traffic restrictions along Leonor K. Sullivan Boulevard. are in place during the Central Riverfront project.
Joseph Leahy/St. Louis Public Radio and The Beacon

Ed Lammering wore his top hat to a groundbreaking last month beside the Gateway Arch, but left his horse, Lukes, at the St. Louis Carriage Company’s stable on the other side of Busch Stadium.  He held a sign which read, “Where do we stand? – carriage drivers.”

The carriage company is among several businesses that have concerns about the impact of the $360 million CityArchRiver 2015 project. Work will include expanding the Arch grounds over Interstate 70, carving out a new central entrance for the underground museum and numerous other major improvements.

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