• St. Louis Press Pass

    Mar 18, 2016
    Square opens doors to new St. Louis office in Cortex district
    (St. Louis Post-Dispatch, 3/15/16)
    Mobile payments company Square is hosting a grand opening Tuesday night for its office in the Cortex innovation district in the Central West End, opening its doors to St. Louis entrepreneurs and business leaders. >> CLICK FOR MORE
     
                                       
    Nicklaus: Job numbers revision puts St. Louis closer to peak employment
    (St. Louis Business Journal, 3/15/16)
    With a wave of its statistical wand, the Labor Department has changed the narrative about the St. Louis economy for the better. >> CLICK FOR MORE
    CenturyLink to add jobs at new St. Louis development center
    (St. Louis Business Journal, 3/4/16)
    CenturyLink, the Louisiana-based cloud and IT services company, opened a new development center near its Town & Country-based co-location and hosting operations. >> CLICK FOR MORE
    Alpine Investment raises millions more
    (St. Louis Business Journal, 3/15/16)
    Alpine Investment Management in Clayton has raised $20.7 million for a pooled investment fund, according to an amended filing with the Securities and Exchange Commission (SEC). >> CLICK FOR MORE
    Edward Jones makes Fortune’s list of best workplaces
    (The Robesonian, 3/14/16)
    Financial services firm Edward Jones ranked No. 10 on Fortune magazine’s recent list of “100 Best Companies to Work For in 2016.” >> CLICK FOR MORE
    Capital Innovators again ranked among nation’s top startup accelerators
    (St. Louis Business Journal, 3/14/16)
    Capital Innovators, the St. Louis-based technology startup accelerator, has again been ranked among the best startup boosters in the nation, according to a list compiled by researchers from Rice University, MIT and the University of Richmond>> CLICK FOR MORE
    Lewis & Clark leads $9 million investment in local tech company
    (St. Louis Business Journal, 3/8/16)
    Lewis & Clark Ventures, the Clayton-based venture capital firm founded by Tom Hillman last year, has made its first deal: a $9 million investment into Swansea, Illinois-based OneSpace. >> CLICK FOR MORE
    VelociData raises another $1.5 million
    (St. Louis Business Journal, 3/8/16)
    VelociData, a Webster Groves-based firm that specializes in data normalization for large corporations, has raised just shy of $1.5 million from a group of four unidentified investors, according to documents filed with the Securities and Exchange Commission. >> CLICK FOR MORE
    St. Louis election startup acquires competitor for $1 million
    (St. Louis Business Journal, 3/8/16)
    KNOWiNK, the St. Louis-based startup that’s developed technology to help election officials, has acquired Election Administrators (EA), a south St. Louis County-based company that makes electronic poll books and other mobile election technologies. >> CLICK FOR MORE
    TechShop Sees Success With National Partnerships
    (EQ, 3/11/16)
    We’re still months away from the opening of TechShop St. Louis, but take a drive down Forest Park Avenue and you’ll see progress is being made. Our location spans 18,000 square feet on the corner of Forest Park Avenue and Boyle, offering a workspace for entrepreneurs, students, makers and anyone with an and idea that just won’t go away. >> CLICK FOR MORE
    Health care IT startup raises nearly $3 million
    (St. Louis Business Journal, 3/17/16)
    Radialogica, a St. Louis health care IT startup that uses data to improve and reduce the costs of cancer care, has raised $2.9 million from a group of angel investors. >> CLICK FOR MORE
    Bunge to open innovation center in St. Charles
    (St. Louis Business Journal, 3/15/16)
    Bunge North America, a grain trader and food ingredient maker based in Creve Coeur, has acquired a 35,000-square-foot office/industrial facility in St. Charles. >> CLICK FOR MORE
    O'Fallon company sees promise in water conservation agent
    (Illinois Business Journal, 3/14/16)
    Locally based Brookside Agra says it has developed an all-natural water conservation agent called H2OExcel that is showing promising results in multiple university research studies and recent field trials on corn, soybean and wheat crops in Illinois. >> CLICK FOR MORE
    That’s Life (Sciences)
    (EQ, 3/4/16)
    The life sciences industry is exploding: According to data from Thomson Reuters, 2015 was a banner year for the US in life science fundraising, posting the highest investment totals on record for the industry. >> CLICK FOR MORE
    St. Louis area's industrial market continues strong growth
    (St. Louis Post-Dispatch, 3/11/16)
    All the arrows are pointing the right way for the St. Louis region’s industrial market.  >> CLICK FOR MORE
    Twitter founder, St. Louis native Jack Dorsey grants funding wishes for Missouri teachers
    (KTVI, 3/10/16)
     Twitter CEO and St. Louisan Jack Dorsey has come to the rescue of teachers in Missouri school districts that are struggling with budgetary issues. >> CLICK FOR MORE
    NASA gives SIUE $11.5 million for citizen science
    (St. Louis Business Journal, 3/10/16)
    Southern Illinois University Edwardsville has been awarded an $11.5 million grant from NASA to expand its citizen science and educational activities by developing software that enables regular people to help NASA make new discoveries. >> CLICK FOR MORE
    Lindenwood University consolidating Wildwood, downtown campuses at Old Post Office
    (St. Louis Business Journal, 3/10/16)
    Lindenwood University officials will combine their Wildwood and downtown St. Louis campuses into one and move them into 32,000 square feet in the Old Post Office building, at 815 Olive St.  >> CLICK FOR MORE
    Metro: New transit center in Ferguson opens Monday
    (St. Louis Public Radio, 3/14/16)
    The $10.3 million facility in Ferguson opens on Monday and will correspond with a redesigned service plan for the north county area. The center includes an indoor waiting area, public restrooms, concessions and free parking.  >> CLICK FOR MORE
    Urban League gets $2 million boost for jobs center in Ferguson
    (St. Louis Public Radio, 3/14/16)
    The plans have expanded from a 4,000 square-foot one-story building to a 13,000 square-foot structure with two stories. McMillan said it’s as big as the zoning ordinances allow and gives them space to house six service organizations. >> CLICK FOR MORE
    St. Louis got thousands of new apartments last year. Here’s where they are.
    (St. Louis Business Journal, 3/10/2016)
    The St. Louis region got more than 1,532 new apartments in the nine largest developments in 2015, according to RENTCafé, a nationwide listing service. >> CLICK FOR MORE
    St. Louis officials hope to nearly double MTC funding
    (St. Louis Business Journal, 3/8/16)
    Officials with the St. Louis Regional Chamber are lobbying state lawmakers to nearly double the amount of state funding for the Missouri Technology Corp. (MTC). >> CLICK FOR MORE
    Leaders forecast economic loss if Missouri’s ‘religious freedom’ bill is approved
    (St. Louis Business Journal, 3/18/2016)
    St. Louis officials and corporate leaders on Friday made an economic case against a state resolution that would prohibit penalizing those who decline to provide goods or services for same-sex marriage ceremonies. >> CLICK FOR MORE
     
    Businesses largely oppose ‘religious liberties’ bill
    (The Missouri Times, 3/15/16)
    With the contested passage of SJR 39 out of the Senate last week after 40 hours of a Democratic filibuster and a previous question, most eyes have turned to the House where the measure is expected to be passed much quicker than it was in the Senate. The resolution, a proposed constitutional amendment, still has a long way before it reaches the ballot, but it has already sharply divided the state into two parts. >> CLICK FOR MORE
    Best Spring Trips of 2016 - National Blues Museum, St. Louis, Missouri
    (National Geographic, 3/15/16)
    Be among the first to “Become a Legend” at the new National Blues Museum (opens April 2). The highly interactive format leads museumgoers through the blues experience, beginning with creating a stage name and including writing songs, playing instruments, recording and mixing music, and creating audio files to play, save, and share on social media. >> CLICK FOR MORE
    ‘This is not a fly-by city anymore:’ Two St. Louis chefs named finalists for James Beard awards
    (St. Louis Public Radio, 3/15/16)
    Two St. Louis chefs are finalists in the James Beard Foundation Awards in the category of Best Chef: Midwest. Kevin Nashan, chef-owner of Sidney Street Café and Peacemaker Lobster & Crab, and Kevin Willmann, chef-owner of Farmhaus, proceed to the final round before the winner is announced May 2 at the James Beard Awards Gala in Chicago. >> CLICK FOR MORE
    Blues-Blackhawks set for Winter Classic at Busch Stadium
    (KTVI, 3/9/16)
    Outdoor hockey is coming to St. Louis.  The NHL said Wednesday night before the St. Louis Blues' game against the Chicago Blackhawks that the teams will play in the Winter Classic at Busch Stadium on Monday, Jan. 2. >> CLICK FOR MORE
    Arch Madness equals big bucks for downtown
    (St. Louis Business Journal, 3/4/16)
    More than 50,000 tickets are expected to be sold for year’s Missouri Valley Conference’s men’s basketball tournament — affectionately known as Arch Madness — bringing some 23,000 college basketball fans to downtown St. Louis over the course of the four-day tournament at Scottrade Center. >> CLICK FOR MORE
  • St. Louis Employment Outlook for Second Quarter 2016

    Mar 16, 2016

    The recently released Manpower Employment Outlook Survey indicates an increase in local hiring activity through June 2016.  According to the survey, 27 percent of regional employers plan to hire new employees, 69 percent will maintain staffing levels, and only 3 percent plan to reduce staff.  These percentages translate into a Net Employment Outlook of 24 percent. This level is more robust than the previous quarter’s 12 percent Net Employment Outlook and more optimistic than one year ago, when the region’s Net Employment Outlook was 15 percent.  In fact, the outlook for the region’s hiring activity is higher than Nation’s 18 percent Net Employment Outlook.

    Manpower’s quarterly survey of St. Louis employers found that a wide range of private industries are planning to add jobs over the next three months.   Jobs will be added to the following sectors: construction, durable goods manufacturing, transportation and utilities, information, financial activities, professional and business services, education and health services, leisure and hospitality, and government sectors.

    For a look at the region’s current employment activity and labor force performance, refer to the latest issue of the Greater St. Louis Monthly Employment summary here or on our website.