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Economy

Missouri to spend millions from relief fund to attract tourists

While the coronavirus rages on, economies across the U.S. have taken a hit, not excluding Missouri. Missouri Gov. Mike Parson called tourism “a great way to support Missouri businesses” at a Thursday afternoon press briefing, where officials held firm to… more

Q&A With … Mark Dohnalek

    Q: A lot of the news about your company lately has been about acquisitions, but there’s more going on here, isn’t there? A: A lot of people think our growth has been largely acquisition-oriented. But that just complemented… more

Missouri unemployment falls to 7.9 percent

The Missouri labor market’s recovery continued in June 2020, following the major job losses earlier in the year from COVID-19 shutdowns. Employment, seasonally adjusted, increased by 71,600 jobs over the month, and over-the year job losses, though still substantial, were… more

In a Nutshell: The Fed Sends Up a Red Flag

There is no doubt that rising coronavirus cases are starting to impede commerce again. Many states have mandated masks in public places, in an attempt to avoid reversal of the gradual business and social reopening process.   If there is… more

Wariness regarding PPP loan insurance

After the release of the Paycheck Protection Program from the Small Business Association (SBA), many questions are asked about the program regarding who was eligible for the forgivable loan and risk/ what kind of penalties might be included. Shortly after… more

July 15 extended deadline for taxes approaches

With the onset of COVID-19 in the spring, the federal government postponed the traditional April 15 filing deadline until July 15. The extended deadline provided some economic and logistical relief for taxpayers dealing with the disruptions and uncertainty brought on… more

Employment Situation Summary data reveals positive numbers for June

Total non-farm payroll employment rose by 4.8 million in June and the unemployment rate declined to 11.1 percent, according to a news release from the U.S. Bureau of Labor Statistics. These improvements in the labor market reflected the continued resumption… more

Mid-America economy in June shows an advance above growth neutral

June survey highlights from the Mid-America Business Conditions Index show that for a ninth straight month, the overall index rose above growth neutral. On average, bankers estimated that farmland prices declined by 4.0 percent over the past 12 months and… more

Dim sentiment, brighter outlook

The Current RMI fell into the basement to a value of 9.2, the lowest level since RCLCO began recording the index at the end of the Great Recession, according to a Wednesday report from RCLCO Real Estate. The previous low… more

Large U.S. franchisee faces bankruptcy

Months of speculation that NPC International was in untenable financial peril proved correct this morning, as the largest Pizza Hut franchisee in the world filed for bankruptcy protection in federal court. One of the Kansas City region’s biggest private companies,… more