Growing our economy from strength
Four key industry clusters – Financial and Information Services, Health Science and Services, Bioscience, and Multimodal Logistics and Advanced Manufacturing will drive Greater St. Louis’ job creation in the coming years. The St. Louis Regional Chamber’s economic development strategy has identified the unique set of regional assets that makes these industries leaders in the region’s diverse economy. Focusing on these key clusters will generate a vibrant and growing business base and a resilient and balanced economy.
Financial and Information Services
Capitalizing on a base of major investment firms headquartered in St. Louis and the increasing integration of information technology and financial services, the region’s financial services sector has received national attention for its growth. An exceptional mix of investment companies lead to the sectors quick recovery from the great recession. The cluster, employing 81,500 in 6,200 companies, is aligning to become an increasingly competitive force in the national market.
Health Science and Services
This cluster is a large and comprehensive, with businesses spanning the health care value chain; from insurers, healthcare providers and facilities to product manufacturers. This industry cluster has consistently added jobs since 2004, employing over 195,000 in over 6,500 companies in 2012.
With its world renowned scientists, research institutions and bioscience companies, St. Louis is a center of innovation, producing cutting-edge research in the medical and plant sciences. Taking the lead in growing this industry cluster, BioSTL fosters collaborative efforts to advance innovation & entrepreneurship that build on St. Louis’ world-class medical & plant biosciences.
Multimodal Logistics and Advanced Manufacturing
The Multimodal Logistics Industry cluster is an integral part of the region’s economy, supporting the manufacturing base as well as distribution sectors with inbound and outbound shipments around the country and the globe. The cluster’s assets include the region’s geographic location, infrastructure, workforce, and existing businesses.
LINKS TO DOCUMENTS LIBRARY:
Greater St. Louis Financial and Information Services
Greater St. Louis Financial and Information Services Corridor Map
Greater St. Louis Health Science and Services
Greater St. Louis Multimodal Logistics