st. charles edc economic presentation
TRANSCRIPT
The Local EconomySt. Charles County, MO
Major Development Projects
• Faurecia - new $22M plant & 140 new jobs
• Serco - new customer service center & 700 new jobs
• Alpla - 3rd building purchased & additional expansion
• Pharma Medica Research - $30.8M facility & 320 new jobs
• Phoenix Metals - new 65,000 SF facility
• Wright Construction Services - new 44,000 SF facility
Unemployment Comparison
St. Charles County St. Louis County St. Louis City Missouri USA
5.0% 5.
7%
8.0%
5.8% 6.
5%
Unemployment Rates December 2013
Unemployment Trends
Retail Sales Set New Record in 2013
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
3586
4199
5069
3352 36
43
3286
2529
2124
1174
1131
1185
939 13
84 1742
St. Charles County, Missouri2000 - 2013 Single Family Housing Permits
Relatively Flat Assessed Valuation
$0.00
$1.00
$2.00
$3.00
$4.00
$5.00
$6.00
$7.00
$8.00 $3
.61 $4
.13
$4.3
5 $4.9
8
$5.1
6
$6.0
7
$6.4
1
$7.2
7
$7.5
2
$7.1
6
$7.1
6
$6.8
1
$7.0
6
$6.8
7
St. Charles County Assessed Valuation(Real Estate & Personal Property) 2000 - 2013
in b
illi
on
s
What’s the “OPO”?!
• “The New Normal”
• Slower Housing Starts
• Demographic Shifts
• STEM Emphasis
• Entrepreneurship
• Adv. Manufacturing
• Global Trade
• Tourism
Forecasts & Initiatives