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Do not fill this in! ==Economy== {{See also|Missouri locations by per capita income}} [[File:Missouri quarter, reverse side, 2003.jpg|thumb|upright|Missouri State quarter featuring the [[Lewis and Clark Expedition]]<ref>{{cite web |url=https://www.usmint.gov/coins/coin-medal-programs/50-state-quarters/missouri |title=Missouri State Quarter |publisher=United States Mint |access-date=September 21, 2021 |url-status=live |archive-date=November 18, 2021 |archive-url=https://web.archive.org/web/20211118235752/https://www.usmint.gov/coins/coin-medal-programs/50-state-quarters/missouri }}</ref>]] * Total employment in 2016: 2,494,720 * Total Number of employer establishments in 2016: 160,912<ref>{{Cite web |url=https://www.census.gov/quickfacts/MO |title=Missouri |publisher=United States Census Bureau |access-date=November 1, 2019 |archive-url=https://web.archive.org/web/20191101090051/https://www.census.gov/quickfacts/MO |archive-date=November 1, 2019 |url-status=live}}</ref> The [[United States Department of Commerce|U.S. Department of Commerce]]'s [[Bureau of Economic Analysis]] estimated Missouri's 2016 [[gross domestic product|gross state product]] at $299.1 billion, ranking 22nd among U.S. states.<ref>{{cite press release |url=https://www.bea.gov/newsreleases/regional/gdp_state/2018/pdf/qgdpstate0118.pdf |title=Gross Domestic Product by State: Third Quarter 2017 |publisher=U.S. Bureau of Economic Analysis |date=January 24, 2018 |access-date=May 1, 2018 |archive-url=https://web.archive.org/web/20180423110527/https://www.bea.gov/newsreleases/regional/gdp_state/2018/pdf/qgdpstate0118.pdf |archive-date=April 23, 2018 |url-status=dead }}</ref> [[Per capita personal income in the United States|Per capita personal income]] in 2006 was $32,705,<ref name="ReferenceA" /> ranking 26th in the nation. Major industries include [[aerospace]], [[Vehicles|transportation equipment]], [[food processing]], [[chemical industry|chemicals]], printing/publishing, [[electrical equipment]], [[light manufacturing]], [[financial services]] and beer. The agriculture products of the state are beef, [[soybeans]], pork, [[dairy products]], [[hay]], [[maize|corn]], poultry, [[sorghum]], [[cotton]], [[rice]], and [[Egg (food)|eggs]]. Missouri is ranked 6th in the nation for the production of hogs and 7th for cattle. Missouri is ranked in the top five states in the nation for production of soy beans, and it is ranked fourth in the nation for the production of rice. In 2001, there were 108,000 farms, the second-largest number in any state after Texas. Missouri actively promotes its rapidly growing [[Missouri wine|wine industry]]. According to the Missouri Partnership, Missouri's agriculture industry contributes $33 billion in GDP to Missouri's economy, and generates $88 billion in sales and more than 378,000 jobs.<ref>{{cite web|url=http://www.missouripartnership.com/industry-strengths/global-agtech-leader/|title=Missouri Partnership {{!}} Economic Development {{!}} Global Agtech Leader|website=www.missouripartnership.com|access-date=May 17, 2017|archive-url=https://web.archive.org/web/20170525202724/http://www.missouripartnership.com/industry-strengths/global-agtech-leader/|archive-date=May 25, 2017|url-status=live}}</ref> Missouri has vast quantities of [[limestone]]. Other resources mined are lead, coal, and crushed [[Rock (geology)|stone]]. Missouri produces the most lead of all the states. Most of the lead mines are in the [[Lead Belt|central eastern portion]] of the state. Missouri also ranks first or near first in the production of [[Lime (mineral)|lime]], a key ingredient in [[Portland cement]]. Missouri also has a growing science, agricultural technology, and biotechnology field. [[Monsanto]], formerly one of the largest biotech companies in America, was based in [[St. Louis]] until it was acquired by [[Bayer AG]] in 2018. It is now part of the Crop Science Division of [[Bayer Corporation]], Bayer's U.S. subsidiary. Tourism, services, and wholesale/retail trade follow manufacturing in importance—tourism benefits from the many rivers, lakes, caves, parks, etc., throughout the state. In addition to a network of state parks, Missouri is home to [[Gateway Arch National Park]] in St. Louis and the [[Ozark National Scenic Riverways]]. A much-visited show cave is [[Meramec Caverns]] in [[Stanton, Missouri|Stanton]]. [[File:Greatestshowunderearth.jpg|left|thumb|Meramec Caverns]] Missouri is the only state in the Union to have two [[Federal Reserve Banks]]: one in Kansas City (serving western Missouri, Kansas, Nebraska, Oklahoma, Colorado, northern New Mexico, and Wyoming) and one in St. Louis (serving eastern Missouri, southern Illinois, southern Indiana, western Kentucky, western Tennessee, northern Mississippi, and all of Arkansas).<ref>{{cite web |url=http://www.federalreserve.gov/OTHERFRB.HTM |title=FRB: Federal Reserve Districts and Banks |publisher=Federalreserve.gov |date=December 13, 2005 |access-date=February 20, 2010 |archive-url=https://web.archive.org/web/20130826151002/http://www.federalreserve.gov/otherfrb.htm |archive-date=August 26, 2013 |url-status=dead }}</ref> [[File:New Federal Reserve Bank Kansas City MO.jpg|thumb|left|The [[Federal Reserve Bank of Kansas City]] services the western portion of Missouri, as well as all of Kansas, Oklahoma, Nebraska, Wyoming, Colorado, and northern New Mexico.]] The state's seasonally adjusted unemployment rate in April 2017 was 3.9 percent.<ref>{{cite web|url=https://ded.mo.gov/content/ded-releases-april-2017-jobs-report|title=DED Releases April 2017 Jobs Report|date=May 16, 2017|publisher=Missouri Department of Economic Development|access-date=May 17, 2017|archive-url=https://web.archive.org/web/20170525203445/https://ded.mo.gov/content/ded-releases-april-2017-jobs-report|archive-date=May 25, 2017|url-status=live}}</ref> In 2017, Missouri became a right-to-work state,<ref>{{cite web|url=http://www.missouripartnership.com/governor-greitens-signs-right-to-work-into-missouri-law/|title=Governor Greitens Signs Right To Work into Missouri Law—Missouri Partnership|website=www.missouripartnership.com|date=February 6, 2017|access-date=May 17, 2017|archive-url=https://web.archive.org/web/20170525212023/http://www.missouripartnership.com/governor-greitens-signs-right-to-work-into-missouri-law/|archive-date=May 25, 2017|url-status=live}}</ref> but in August 2018, Missouri voters rejected a [[right-to-work law]] with 67% to 33%.<ref>{{cite web|url=https://fox2now.com/2018/08/07/right-to-work-overturned-as-prop-a-fails/|title=Right-to-work overturned as Prop A fails|date=August 8, 2018|access-date=August 10, 2018|archive-url=https://web.archive.org/web/20180809060334/https://fox2now.com/2018/08/07/right-to-work-overturned-as-prop-a-fails/|archive-date=August 9, 2018|url-status=live}}</ref><ref>{{Cite web |url=https://edition.cnn.com/2018/08/07/politics/missouri-right-to-work-vote/index.html/ |title=Unions notch win in deep-red Missouri with rejection of right-to-work law |last=Watkins |first=Eli |work=CNN |access-date=August 10, 2018 |archive-url=https://web.archive.org/web/20180810105132/https://edition.cnn.com/2018/08/07/politics/missouri-right-to-work-vote/index.html |archive-date=August 10, 2018 |url-status=dead}}</ref><ref>{{cite web |url=https://www.bizjournals.com/stlouis/news/2018/08/07/missouri-voters-reject-right-to-work.html |title=Missouri voters reject right-to-work, McCulloch loses, Stenger wins |date=2018 |work=St. Louis Business Journal |access-date=August 10, 2018 |archive-url=https://web.archive.org/web/20190215023921/https://www.bizjournals.com/stlouis/news/2018/08/07/missouri-voters-reject-right-to-work.html |archive-date=February 15, 2019 |url-status=live }}</ref> ===Taxation=== {{main|Taxation in Missouri}} Personal [[Income tax|income]] is taxed in ten different earning brackets, ranging from 1.5% to 6.0%. Missouri's [[sales tax]] rate for most items is 4.225%, with some additional local levies. More than 2,500 Missouri local governments rely on [[property tax]]es levied on real property (real estate) and [[personal property]]. Most personal property is exempt, except for motorized vehicles. Exempt real estate includes property owned by governments and property used as nonprofit cemeteries, exclusively for religious worship, for schools and colleges, and purely charitable purposes. There is no [[inheritance tax]] and limited Missouri [[estate tax]] related to [[Estate tax (United States)|federal estate tax]] collection. In 2017, the Tax Foundation rated Missouri as having the 5th-best corporate tax index,<ref name=":0">{{Cite news|url=https://taxfoundation.org/2017-state-business-tax-climate-index|title=2017 State Business Tax Climate Index—Tax Foundation|date=September 28, 2016|work=Tax Foundation|access-date=May 17, 2017|archive-url=https://web.archive.org/web/20170516153755/https://taxfoundation.org/2017-state-business-tax-climate-index|archive-date=May 16, 2017|url-status=live}}</ref> and the 15th-best overall tax climate.<ref name=":0" /> Missouri's corporate income tax rate is 6.25%; however, 50% of federal income tax payments may be deducted before computing taxable income, leading to an effective rate of 5.2%.<ref>{{cite web|url=http://www.missouripartnership.com/prime-business-location/low-business-costs/|title=Missouri Partnership {{!}} Economic Development {{!}} Location {{!}} Low Business Costs|website=missouripartnership.com|access-date=May 17, 2017|archive-url=https://web.archive.org/web/20170525213301/http://www.missouripartnership.com/prime-business-location/low-business-costs/|archive-date=May 25, 2017|url-status=live}}</ref> ===Energy=== In 2012, Missouri had roughly 22,000 MW of installed electricity generation capacity.<ref name=EIAMissouri>{{cite web |url=http://www.eia.gov/electricity/state/Missouri/ |title=Missouri Electricity Profile 2012 |publisher=U.S. Energy Information Administration |date=May 1, 2014 |access-date=May 17, 2014 |archive-url=https://web.archive.org/web/20140429173448/http://www.eia.gov/electricity/state/missouri/ |archive-date=April 29, 2014 |url-status=live }}</ref> In 2011, 82% of Missouri's electricity was generated by [[Fossil-fuel power station|coal]].<ref name="autogenerated1">{{cite web|url=https://www.ded.mo.gov/energy/docs/Missouri_Energy_Profile_9_6_2012a.pdf|title=Missouri Energy Profile|author=National Association for State Energy Officials and the Kentucky Department for Energy Development and Independence|access-date=July 14, 2013|url-status=dead|archive-url=https://web.archive.org/web/20140603002338/http://ded.mo.gov/energy/docs/Missouri_Energy_Profile_9_6_2012a.pdf|archive-date=June 3, 2014}}</ref> Ten percent was generated from the state's only [[nuclear power plant]],<ref name="autogenerated1" /> the [[Callaway Nuclear Generating Station|Callaway Plant]] in Callaway County, northeast of [[Jefferson City]]. Five percent was generated by [[natural gas]].<ref name="autogenerated1" /> One percent was generated by [[hydroelectric]] sources,<ref name="autogenerated1" /> such as the dams for [[Truman Reservoir|Truman Lake]] and [[Lake of the Ozarks]]. Missouri has a small but growing amount of wind and solar power—wind capacity increased from 309 MW in 2009 to 459 MW in 2011, while photovoltaics have increased from 0.2 MW to 1.3 MW over the same period.<ref>[http://www.windpoweringamerica.gov/wind_installed_capacity.asp U.S. Installed Wind Capacity] {{webarchive|url=https://web.archive.org/web/20140314233108/http://www.windpoweringamerica.gov/wind_installed_capacity.asp |date=March 14, 2014 }}</ref><ref name="Sherwood, Larry">{{cite web|url=http://irecusa.org/wp-content/uploads/2010/07/IREC-Solar-Market-Trends-Report-2010_7-27-10_web1.pdf|title=U.S. Solar Market Trends 2009|last=Sherwood |first=Larry|publisher=Interstate Renewable Energy Council (IREC)|date=July 2010|access-date=July 28, 2010|url-status=dead|archive-url=https://web.archive.org/web/20100925184512/http://irecusa.org/wp-content/uploads/2010/07/IREC-Solar-Market-Trends-Report-2010_7-27-10_web1.pdf|archive-date=September 25, 2010}}</ref> As of 2016, Missouri's solar installations had reached 141 MW.<ref>{{cite web|url=http://www.missouripartnership.com/industry-strengths/empowered-energy-solutions/|title=Missouri Partnership {{!}} Economic Development {{!}} Empowered Energy Solutions|website=www.missouripartnership.com|access-date=May 17, 2017|archive-url=https://web.archive.org/web/20170523182113/http://www.missouripartnership.com/industry-strengths/empowered-energy-solutions/|archive-date=May 23, 2017|url-status=dead}}</ref> [[Oil well]]s in Missouri produced 120,000 barrels of [[crude oil]] in fiscal 2012.<ref>{{cite web|url=http://www.dnr.mo.gov/geology/geosrv/ogc/|title=Geologicaly Survey Program—Oil and Gas in Missouri|author=Missouri Department of Natural Resources|access-date=July 14, 2013|archive-url=https://web.archive.org/web/20130716084546/http://www.dnr.mo.gov/geology/geosrv/ogc/|archive-date=July 16, 2013|url-status=live|author-link=Missouri Department of Natural Resources}}</ref> There are no oil refineries in Missouri.<ref name="Sherwood, Larry" /><ref>{{cite web|url=http://www.eia.gov/dnav/pet/pet_pnp_cap1_dcu_smo_a.htm|title=Petroleum and Other Liquids—Number and Capacity of Petroleum Refineries|author=United States Energy Information Administration|access-date=July 14, 2013|archive-url=https://web.archive.org/web/20140529123304/http://www.eia.gov/dnav/pet/pet_pnp_cap1_dcu_smo_a.htm|archive-date=May 29, 2014|url-status=live|author-link=United States Energy Information Administration}}</ref> Summary: Please note that all contributions to Christianpedia may be edited, altered, or removed by other contributors. 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