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The
Opportunity > Location
The property is located in Fenton, Missouri, a municipality of the St. Louis
Metropolitan Area. The St. Louis MSA covers 16 counties in Missouri and Illinois
and includes 2.8 million people. St. Louis is ranked the 18th largest
metropolitan area in the United States.
The Work Force:
The work force is 1.5 million strong. It has several major virtues:
Business Climate:
Expansion Management magazine named the St. Louis
area as a “5-Star Business Opportunity Metro" for 2007, ranking the
region in the top 20 percent of the nation's metropolitan areas
in legislative
influences on the business climate, transportation and logistics infrastructure,
quality of life, public education, and other areas important to corporate site
selectors.
Economic Overview:
During the first half of 2009, the nation's economy continued to weaken, and
non-farm employment in the St. Louis region declined. However, the region's
employment losses are slower than the nation's as a whole. In St. Louis,
employment was 52,100 lower in June 2009 than one year earlier, representing a
3.8% decline. Nationally employment declined by 4.2%. In St. Louis, the largest
June losses were in the manufacturing and mining, and logging and construction
sectors (12.3% and 12.1%, respectively). In contrast, the education and health
services sector continued to expand, adding 3,500 jobs and posting a 1.7%
increase. Government employment added 3,000 jobs for a 1.8% increase.
Information for this page was drawn from the St.
Louis Regional Chamber and Growth Association
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