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Let's Talk Business: Update from First Regular Session of Missouri's 101st General Assembly

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The First Regular Session of the 101st General Assembly of the State of Missouri has ended and there are some changes coming that will affect the business community.
After several years of efforts, the Wayfair bill passed. Missouri became the last of the 45 states with a state-level sales tax to enact a law requiring the collection of sales taxes for online purchases. Considering the increased revenue for the state, the bill also includes a personal income tax reduction over a period of years. Cities and counties that currently have a use tax will not have to re-vote but those without a use tax in place will have to do so. ....

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Let's Talk Business: May Is National Historic Preservation Month, Here Are The Local Benefits

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May is National Historic Preservation Month and understanding the purpose is good for business and community.
The National Trust for Historic Preservation led the charge in 1973 to establish this recognition and many groups across the country celebrate the theme. Locally, the city of Cape Girardeau and Old Town Cape are actively involved in promoting the main ideas of instilling national and community pride, promoting heritage tourism, and showing the social and economic benefits of historic preservation.
We don’t have to search for local benefits of historic preservation efforts. They are obvious to us every day. Here are some examples. ....

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Let's Talk Business: Promoting the Southeast Missouri Region to Potential New Business and Industry

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Many times people ask what we doing to actively market our area to potential new business and industry.
Because our efforts are directed externally, they are not readily apparent to our local citizens. But through the Cape Girardeau Area MAGNET, we consistently strive to promote our region. We work very closely with the Missouri Partnership. They are the group charged with promoting Missouri to the rest of the world. Also, we partner with the Missouri Department of Economic Development to broaden our business base. We target certain businesses and make direct contact and we also send a newsletter quarterly to interested developers, site selectors, and partners. ....

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Let's Talk Business: National Small Business Week

The President of the United States has issued a proclamation annually for more than 50 years announcing this…. Next week, May 3 rd through May 9 th , we ....

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Let's Talk Business: Missouri March 2021 Employment Numbers

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The Missouri Economic Research and Information Center (MERIC) released the Missouri monthly jobs report for March and it contains a lot of interesting information.
According to the report, Missouri’s seasonally adjusted unemployment rate for March decreased to 4.2 percent from 4.3 percent in February. This rate has declined or remained steady each month since April 2020 when the rate spiked at 12.5 percent. The March number is well below the U.S. rate of 6.0 percent.
However, it should be noted the labor force is still a full one percent below where it was just prior to the pandemic. That means there are more than 30,000 fewer Missourians in the labor force in March of 2021 compared to March of 2020. ....

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