A Saint Louis University economist thinks he has found a key to growth for St. Louis.
Professor Jack Strauss presented his findings this afternoon from an economic study that shows a direct correlation between an increasing immigrant population and economic growth. The study was originally released in June.
He says he thinks it is likely that the city’s economic slump is partly due to a dwindling number of immigrants living in the area. Four and a half percent of St. Louis’ population is foreign. In other large cities, that number is closer to 18 percent.
St. Louis needs more immigrants. That’s the gist of a new report from St. Louis University.
Professor Jack Strauss presented the findings of his study Tuesday to city and county leaders, including St. Louis mayor Francis Slay and St. Louis County Executive Charlie Dooley, at a regional economic development conference.
At about 4.5 percent, Strauss says St. Louis has the lowest rate of immigration among the nation’s largest 20 cities.
The study – which is currently in a pilot phase – will examine how environmental factors affect the health and development of more than a 100,000 children nationwide, by tracking them from before birth to age 21.