- 1 min read
- Posted on 06.04.06
It is important to understand how the City is put together. Although our residential population is now growing again, a great deal of our economic vitality depends on our business population.
According to a 2005 review of the Census data from more than 3,000 cities and countries across the country, the City of St. Louis ranked 27th in “employment/residence ratio” — with more than 122,000 people working in the City limits but living elsewhere in the region. In cities with residential populations between 250,000 and 400,000, the City ranked 5th in daytime population shift.
As the numbers of people living and/or working in the City grow, this ratio will probably change. But, understanding the current numbers is a critical part of City (and fed/state) budgeting for public infrastructure and services: The business community is a very important part of our City’s economy — and the City is a very important part of the region’s and state’s economies.