Do you need to find industrial bays and buildings for rent in Missouri? Explore the listings above and find the perfect location.Missouri is a state of the Midwestern region of the United States, and it is home to a wide variety of industries. The state's economy is highly diverse and covers a range of sectors from manufacturing, financial services, and healthcare to transportation, education, and agricultural industries. The industries in Missouri are responsible for generating a large portion of its Gross Domestic Product (GDP), which totaled $295.73 billion in 2021. (https://meric.mo.gov/data/gross-domestic-product-data-series/state-gross-domestic-product-2020)
The manufacturing industry is one of the largest contributors to the Missouri economy, accounting for approximately 13.3% of the state's GDP in 2019. Some of the major products produced in the state include transportation equipment, chemicals, food products, and plastics. The automotive industry is also prominent in Missouri, with Ford, General Motors, and Chrysler all having plants in the state. Additionally, Missouri is home to numerous aerospace and defense contractors.
Financial services are another major industry in Missouri, representing around 7.3% of the state's GDP in 2019. This sector includes banking, insurance, financial planning, and investment management services. The state is home to several nationally recognized financial institutions, such as Bank of America, Wells Fargo, and US Bank.
The healthcare sector is one of the fastest-growing industries in Missouri, accounting for 7.5% of the state's GDP in 2019. This sector comprises hospitals, physician offices, and other medical facilities. The state is also home to several healthcare research centers and pharmaceutical companies.
The educational services industry is also an important part of the Missouri economy, accounting for 3.7% of the state's GDP in 2019. This sector includes public and private schools, higher education, and vocational training. The state is home to a number of prestigious universities, including Washington University in St. Louis, the University of Missouri, and Missouri State University.
Missouri's economy has been growing steadily in recent years, with the state's GDP increasing by an average of 2.6% annually since 2010. The unemployment rate in Missouri has also been steadily declining, reaching a record low of 2.8% in 2022 (https://meric.mo.gov/missouri-monthly-jobs-report)
In terms of GDP growth, Missouri ranked 22nd in the nation in 2021.
Overall, Missouri is home to a wide range of industries that contribute to the state's economy. Manufacturing, financial services, healthcare, and educational services are some of the most important sectors in Missouri.