Business

St Louis Commercial Real Estate is Booming again!!   In recent years, St Louis Metro has earned national recognition as having a favorable business climate with a competitive cost of doing business and a highly skilled work force. The St. Louis Regional Commerce and Growth Association cites the following statistics on its Web site:

  • St. Louis ranks as the 10th most cost-competitive location to do business among 23 U.S. cities/locations with populations exceeding 1.5 million, according to a study by KPMG LLP.
  • In 2006, Forbes magazine ranked St. Louis No. 27 in its ranking of “200 Largest Metro Areas” report for lowest cost of doing business, ahead of cities such as Cincinnati, Milwaukee, and Denver.
  • According to the 2002 Economic Census, manufacturing workers in St. Louis produce 27 percent more output than the US average.
  • Among St. Louis area residents 25 and older, 11 percent have graduate or professional degrees.

St. Louis was ranked No. 7 in Site Selection magazine’s 2005 ranking of Top 10 Metros by Investment, with over $2 billion in investments in 2005. The magazine’s March 2006 issue identified the top 10 metros by number of projects and investment.

  • St. Louis ranked No. 47 out of 91 major metropolitan areas for its small-business vitality, according to American City Business Journals for 2005.