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Social and Economic Trends Social and Economic Trends Presented by: Dr. Bill Elder Chamber Fall Exchange Sedalia, Missouri September 25 th 2008

Social and Economic Trends

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Social and Economic Trends. Presented by: Dr. Bill Elder. Chamber Fall Exchange Sedalia, Missouri September 25 th 2008. Total Population. World: 6.7 Billion. U.S.: 302 Million. Mo.: 5,878,415. U.S. : 20.2 Million Five States: 10.6 Million. *. *. Missouri 5.0% - PowerPoint PPT Presentation

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Page 1: Social and Economic Trends

Social and Economic Trends Social and Economic Trends

Presented by:

Dr. Bill Elder

Chamber Fall Exchange

Sedalia, Missouri

September 25th 2008

Page 2: Social and Economic Trends

Total Population

World: 6.7 Billion

U.S.: 302 Million

Mo.: 5,878,415

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* ** *

*

U.S. : 20.2 MillionFive States: 10.6 Million

Missouri 5.0% US 7.2%

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Regions within regions

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*Sedalia *

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Quality of Life For Seniors

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Quality of Life For Children

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Latino Population in Missouri, 2006

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1999 2005 ChangePct

Change

Total

896,910

894,855 -2,055 -0.2%

Hispanic

12,633

25,166

12,533 99.2%

Enrollment ChangeMissouri Public Schools

From 1.4% to 2.8% in 5 years

Page 16: Social and Economic Trends

How f l a tf l a t the world is depends on where your standing..

• The World is Flat – “new oil wells”– Flat, Hot and Crowded

-- Thomas Friedman

• Making Globalization Work

-- Joseph Stiglitz

• “Collaboration” … is hard

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Economic ShareEconomic Share

Source: MERIC

Economic Share in Missouri by County

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Retail “Pull Factors” Retail “Pull Factors”

Source: MERIC, using data from MO Dept. of Revenue, U.S. BEA and U.S. Census Bureau

Regional Trade Centers:

Green Counties, like Pettishave an above average “share”of retail trade while red countieshave a below average share.

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Source: MERIC

Cheetah BarriersCheetah Barriers

4.1%

5.7%

6.5%

9.2%

12.3%

17.7%

17.9%

37.8%

1.8%

1.8%

2.5%

Staying With Demand

Innovation

Payments from Customers

Networking/Media

Economy

Competition

Cost of Benefits

Regulations/Taxes

Financing/Production Costs

Time/Management of Growth

Qualified/Reliable Workforce

Missouri Firms that doubled employment – what they saygets in there way.

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ACS Plans

• ACS data are available now for areas with populations of 65,000 or more

• In 2008, the Census Bureau will release the three year estimates for areas with populations of 20,000 or more.

• In 2010, 5-year estimates will be released including the smallest of geographic areas - down to the tract and block group levels.

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For More Information

Google OSEDA

University of Missouri

Office of Social & Economic Data Analysis