Missouri’s New Economy Ranking Still Below Average

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Missouri ranks 33rd, the same as it was two years ago, in a New Economy Index issued by the Information Technology and Innovation Foundation.

The foundation says its index shows which states are “positioned to drive innovation-based growth.” It uses 26 separate indicators, from the number of high-tech jobs to the availability of venture capital to the formation of new businesses, to calculate the index.

The state ranks ninth in information technology jobs, fifth in electronic access to government and 10th in adoption of health information technology. But it also ranks 45th in exports and 43rd in a category called “economic dynamism,” which includes the rate of new and fast-growing firms.

Read more on St. Louis Business Journal.


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