Missouri slips in “new economy” ranking
Kansas City’s Ewing Marion Kauffman Foundation has just sponsored a report on how states are doing in today’s knowledge economy, and the news isn’t good for the foundation’s home state. Missouri ranks 35th in the study’s New Economy Index, down from 28th place when the index was last compiled in 2002.
Illinois climbed three places in the rankings to 16th.
The study, published by the Information Technology and Innovation Foundation, attempts to “assess the extent to which the 50 state economies are structured according to the tenets of the New Economy. The changing economic landscape requires state economies to be innovative, globally-linked, entrepreneurial and dynamic, with an educated workforce and all sectors embracing the use of information technology.”
The New Economy Index combines 26 different measures relating to each state’s businesses, work force and infrastructure. Missouri’s placed as high as 11th in two categories, the proportion of high-wage service workers and the amount of technology in schools. But the show-me state placed a miserable 45th in entrepreneurial activity and a mediocre 26th in venture capital.
Illinois ranked fifth in a measure of exports (the researchers counted the number of exported UPS packages per worker). Its worst showing was 40th place in manufacturing value-added.



David Nicklaus has covered St. Louis business for more than 25 years. His column appears three days a week on the Post-Dispatch business page.
And if the MOHELA deal goes through there will be fewer students able to afford a college education resulting in a less prepared work force for the future.