Missouri Department of Economic Development | KCUR

Missouri Department of Economic Development

Updated 7:45 p.m. May 22  with number of bills filed Monday – On the eve of his first legislative special session, Missouri Gov. Eric Greitens and his allied nonprofit group are attacking one of the pivotal legislators  needed to win approval of the governor’s favored bill.

The nonprofit group is called A New Missouri and can collect unlimited donations from unidentified donors. It is targeting state Sen. Doug Libla, a Republican whose southeast Missouri district includes the now-closed aluminum smelting plant that Greitens hopes to reopen, along with a possible steel mill.

Libla says he supports the projects. But the senator questions some provisions in the expected special-session bill that he says could reduce state oversight over Ameren, which provides electricity to much of eastern Missouri.

A report out this week examining the effectiveness of various state tax incentives gave top marks to the Missouri Works program.

Josh Goodman, senior researcher at the Pew Charitable Trusts, says in state after state, the costs of new tax credits and incentives have created budget problems.

But he says states like Missouri that require businesses to prove they’re creating jobs before getting a tax break are on the right track.

courtesy of Missouri Economic Research and Information Center

Missouri’s unemployment rate is now at its lowest point in four years.

Missouri's Economy Stagnant In 2011

Jun 7, 2012
Bureau of Economic Analysis

Missouri’s economy stayed stagnant last year.  A new report by the federal Bureau of Economic Analysis says Missouri’s gross domestic product remained steady in 2011.