St. Louis 21st Largest National Metro Economy, Kansas City 26th

KANSAS CITY — Kansas City finished as the 26th largest producer of goods and services on a list of the 363 largest U.S. cities, the Kansas City Star reports. St. Louis finished five places higher, placing 21st nationally.

Infographic by Missouri Business Alert

Kansas city produced $108.8 billion in goods in services—also known as gross metropolitan product (GMP)—in the IHS Global Insight Inc. study. According to the report, Kansas City’s GMP grew 3.4 percent on average annually from 2001 to 2011.

St. Louis produced $133.1 billion in goods, but the area’s GMP only averaged 3 percent growth each year from 2001 to 2011.

Columbia, Mo. had Missouri’s highest average annual growth rate in Missouri from 2001 to 2011 at 4.4 percent. The city’s GMP grew from $4.6 billion in 2001 to $7.1 billion in 2011. The highest national growth rate belonged to Midland, Texas at 9.1 percent per year.

 

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