Here’s a look at some of the stories Missouri Business Alert is tracking this week:
• The Missouri House will hold a committee hearing Monday on two bills that would prevent municipalities from instituting minimum wages higher than the state’s wage floor. The hearing follows less than a week after the Missouri Supreme Court upheld a minimum wage increase in St. Louis, spurring optimism among supporters of a proposed wage hike in Kansas City.
• The Big 12 Men’s Basketball Championship returns to Kansas City, tipping off Wednesday and concluding Saturday at the Sprint Center. In 2016, the tournament had an economic impact of $13.3 million, according to Visit KC, the area’s convention and tourism bureau.
• The Missouri State Public Defender Commission is set to hold its first quarterly meeting of the year Friday in St. Louis. The meeting comes as the state public defender’s office faces a cut to its funding, which director Michael Barrett said last week could force the closure of offices.
• The Labor Department releases its monthly Employment Situation Summary on Friday. Consensus estimates project an unemployment rate of 4.7 percent and job gains of 195,000 for February, compared to 4.8 percent and 227,000, respectively, for January.
Gallup’s monthly consumer spending measure released; factory orders reported; earnings from Caseys General Stores, Michaels and Urban Outfitters
International trade balance reported; consumer credit reported; earnings from Dick’s Sporting Goods and H&R Block
Wholesale trade report; earnings from Adidas and Express
Quarterly Services Survey released; earnings from Ferrellgas Partners
Employment Situation Summary released; Missouri State Public Defender Commission meets
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