/tags/economic-impact Economic Impact en-US Copyright © 2024 ÍâÍřĚěĚĂ Wed, 19 Feb 2025 11:00:00 GMT /news-briefs/2025-02-19/annie-malone-cancels-annual-st-louis-may-day-parade Annie Malone Children & Family Services canceled its 2025 May Day Parade. The nonprofit is prioritizing funding to better support its clients who need shelter and food. Wed, 19 Feb 2025 11:00:00 GMT /news-briefs/2025-02-19/annie-malone-cancels-annual-st-louis-may-day-parade Andrea Y. Henderson /economy-business/2025-01-16/after-a-6-year-hiatus-a-huge-religious-conference-will-return-to-st-louis-in-2026 The Church of God in Christ’s Holy Convocation is estimated to generate roughly $250 million in economic impact over three years for St. Louis. Thu, 16 Jan 2025 23:03:36 GMT /economy-business/2025-01-16/after-a-6-year-hiatus-a-huge-religious-conference-will-return-to-st-louis-in-2026 Will Bauer /economy-business/2024-04-25/data-shows-immigrants-in-the-st-louis-region-are-making-an-economic-impact According to the U.S. Census data’s 2021 American Community Survey, immigrant households in the St. Louis region earned nearly $6 billion in total income, and held over $4 billion in spending power. St. Louis University demographer Ness Sandoval says immigrants are making a small but meaningful contribution to the vibrancy of the area’s economy, but there is more work that needs to be done to attract more immigrants. Thu, 25 Apr 2024 23:02:59 GMT /economy-business/2024-04-25/data-shows-immigrants-in-the-st-louis-region-are-making-an-economic-impact Andrea Y. Henderson /economy-business/2024-04-07/carbondale-illinois-total-solar-eclipse-preparation Carbondale, approximately two hours south of St. Louis, is expected to welcome roughly 50,000 people to the college town hoping to catch a glimpse of Monday’s total solar eclipse. Sun, 07 Apr 2024 21:43:43 GMT /economy-business/2024-04-07/carbondale-illinois-total-solar-eclipse-preparation Brian Munoz /economy-business/2024-01-29/lambert-brings-billions-to-the-st-louis-region-a-new-study-shows-just-how-much Lambert’s relationship with Southwest Airlines has helped the airport reestablish passenger traffic after losing its TWA hub in the 2000s. That rebound now helps the airport drive 5.5% of the region’s gross domestic product. Mon, 29 Jan 2024 10:00:00 GMT /economy-business/2024-01-29/lambert-brings-billions-to-the-st-louis-region-a-new-study-shows-just-how-much Eric Schmid /economy-business/2023-06-02/nascars-top-racing-returns-to-st-louis-on-the-heels-of-last-years-sellout Last year’s event drew around 102,000 people to the venue over the course of the weekend, and nearly 60,000 for Sunday's main event. That’s comparable to a major playoff game in any other major sport. Fri, 02 Jun 2023 10:00:00 GMT /economy-business/2023-06-02/nascars-top-racing-returns-to-st-louis-on-the-heels-of-last-years-sellout Eric Schmid /economy-business/2023-01-20/new-bike-and-pedestrian-paths-are-designed-to-help-north-st-louis-neighborhoods The vision for a greenway along St. Louis’ central corridor has been around for decades, but the idea of connecting it with communities in north St. Louis is more recent. Fri, 20 Jan 2023 18:04:39 GMT /economy-business/2023-01-20/new-bike-and-pedestrian-paths-are-designed-to-help-north-st-louis-neighborhoods Eric Schmid /economy-business/2022-09-28/new-st-louis-development-plan-seeks-economic-justice-for-overlooked-neighborhoods The plan is already targeting development and investment in Dutchtown, the area around the new NGA headquarters, Walnut Park and Martin Luther King Boulevard. Wed, 28 Sep 2022 23:14:13 GMT /economy-business/2022-09-28/new-st-louis-development-plan-seeks-economic-justice-for-overlooked-neighborhoods Eric Schmid /economy-business/2022-06-05/crowds-pack-the-st-louis-area-for-first-nascar-cup-series-race-more-likely-to-follow The first NASCAR Cup Series race in the St. Louis area packed hotels and restaurants. A study from Maryville University estimated that the regional economic impact of the three-day event could be as much as $60 million. Mon, 06 Jun 2022 03:29:05 GMT /economy-business/2022-06-05/crowds-pack-the-st-louis-area-for-first-nascar-cup-series-race-more-likely-to-follow Eric Schmid /economy-business/2022-03-14/a-nascar-race-in-madison-could-bring-in-60-million-to-the-st-louis-region “This one race, if done well, can lead to many more years of economic change for the Metro East,” said the owner of World Wide Technology Raceway. Mon, 14 Mar 2022 22:06:25 GMT /economy-business/2022-03-14/a-nascar-race-in-madison-could-bring-in-60-million-to-the-st-louis-region Eric Schmid