St. Louis Public Radio
October 17, 2012
A Saint Louis University economist thinks he has found a key to growth for St. Louis.
Professor Jack Strauss presented his findings this afternoon from an economic study that shows a direct correlation between an increasing immigrant population and economic growth. The study was originally released in June.
He says he thinks it is likely that the city’s economic slump is partly due to a dwindling number of immigrants living in the area. Four and a half percent of St. Louis’ population is foreign. In other large cities, that number is closer to 18 percent.