Data

Data

Data

Springfield Region Overview

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Springfield Metro Area

  • The Springfield, Missouri Metropolitan Statistical Area (MSA) is comprised of Greene, Christian, Webster, Polk and Dallas counties and has a population of over 456,000 people.
  • The Springfield Regional Economic Partnership spans 10 counties: Barry, Christian, Dade, Dallas, Greene, Lawrence, Polk, Stone, Taney, and Webster.
  • Springfield’s area of economic influence reaches 27 counties and 1,039,566 people.
  • Since 2000, the metro area’s average annual growth rate has been around 1.6%.

Workforce

  • The Springfield metro workforce has grown more than 7.4% in the past 10 years and in 2004 accounted for more than one-third of Missouri’s total job growth.
  • The area’s unemployment rate of 4.3% has steadily decreased since 2010 which was at its highest at 8.8% since 1990.
  • In the Springfield metro area, 95% of businesses have fewer than 50 employees.

Industry

  • The health care industry employs over 33,000 people (18% of the total workforce) with a $4.5 billion dollar annual economic impact.
  • Springfield’s economic output (gross metro product) grew 28% in the past decade.
  • The manufacturing sector creates an $18.6 billion economic impact each year and provides well-paying jobs for over 14,600 people in the area.

Retail

  • Annual retail sales for the City of Springfield have been $4.2 billion and $6.0 billion for the Springfield metropolitan area.
  • The cost of living in Springfield stays consistently 10% below the national average.
  • 1.2 million visitors stay overnight in Springfield.

Transportation

  • Springfield-Branson National Airport (SGF) connects to 11 different cities with more than 25 daily flights.
  • In 2005, SGF was the 4th fastest growing airport in the U.S. and the new terminal building was completed in 2009.
  • Located in the center of the country, Springfield is a transportation hub with numerous trucking terminals. Logistics provides an annual economic impact of $14.3 billion to the metro area.

Downtown Redevelopment

  • The renaissance in downtown Springfield has transformed this historic district into the heart of the Springfield region.
  • Fine dining, trendy retail, a lively art scene, entertainment venues and an explosion of loft apartments exist at every turn.
  • More than $400 million of private and public money has gone into historic renovations, high-tech research facilities, an 8,000 seat baseball stadium–home to the AA Springfield Cardinals, convention center, recreational ice rink and plenty of park space.

Well-Known Companies

Well-known companies with large operations in the Springfield region include the following:

  • Kraft Foods
  • 3M
  • Bass Pro Shops (headquarters)
  • O’Reilly Auto Parts (headquarters)
  • Chase Card Services
  • Expedia, Inc.
  • T-Mobile
  • BKD, LLP (headquarters)
  • Springfield ReManufacturing Corp (headquarters)
  • Jack Henry & Associates (headquarters)
  • Burlington Northern Santa Fe Railway
  • AT&T