st. charles edc economic presentation

The Local EconomySt. Charles County, MO

Major Development Projects

• Faurecia - new $22M plant & 140 new jobs

• Serco - new customer service center & 700 new jobs

• Alpla - 3rd building purchased & additional expansion

• Pharma Medica Research - $30.8M facility & 320 new jobs

• Phoenix Metals - new 65,000 SF facility

• Wright Construction Services - new 44,000 SF facility

Unemployment Comparison

St. Charles County St. Louis County St. Louis City Missouri USA

5.0% 5.

7%

8.0%

5.8% 6.

5%

Unemployment Rates December 2013

Unemployment Trends

Retail Sales Set New Record in 2013

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

3586

4199

5069

3352 36

43

3286

2529

2124

1174

1131

1185

939 13

84 1742

St. Charles County, Missouri2000 - 2013 Single Family Housing Permits

Relatively Flat Assessed Valuation

$0.00

$1.00

$2.00

$3.00

$4.00

$5.00

$6.00

$7.00

$8.00 $3

.61 $4

.13

$4.3

5 $4.9

8

$5.1

6

$6.0

7

$6.4

1

$7.2

7

$7.5

2

$7.1

6

$7.1

6

$6.8

1

$7.0

6

$6.8

7

St. Charles County Assessed Valuation(Real Estate & Personal Property) 2000 - 2013

in b

illi

on

s

What’s the “OPO”?!

• “The New Normal”

• Slower Housing Starts

• Demographic Shifts

• STEM Emphasis

• Entrepreneurship

• Adv. Manufacturing

• Global Trade

• Tourism

Forecasts & Initiatives