MERIC NEWS LETTER

Missouri Business Count

Number of Missouri Businesses Grows in 2005

The Missouri Economic Research & Information Center, MERIC, recently completed a preliminary count of Missouri businesses for 2005.  Missouri reported an average of 160,401 private sector businesses, an increase of 2,008 from 2004.

Payroll and average annual wage growth also posted gains compared to 2004.  Average annual wages increased by 3.4% in 2005 to $36,199, maintaining the recent trend of improving annual wage growth.

Average Number of Private Missouri Firms 1990-2005

Source: MERIC Quarterly Census of Employment and Wages Program,
 Data is preliminary and subject to revision.  Wage data not adjusted for inflation.

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