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Tight labor market pushes wages to new high/859/st-louis-4-16-18-wages-pushed-to-new-high<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/people-millenials.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/859/st-louis-4-16-18-wages-pushed-to-new-highTight labor market pushes wages to new highA tight labor market in St. Louis has caused average hourly wages to exceed $27 per hour, the highest level on record.
Standard of living gives St. Louis a leg up/777/st-louis-3-12-18-standard-of-living<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/people-meeting2.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/777/st-louis-3-12-18-standard-of-livingStandard of living gives St. Louis a leg upNew research from the Federal Reserve Bank of St. Louis backs up what many have known, St. Louis has a high standard of living.
Absorption and construction reach highest levels of 2017/470/st-louis-11-6-17-industrial-market<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/abstract-red-metal-pipe-jll.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/470/st-louis-11-6-17-industrial-marketAbsorption and construction reach highest levels of 2017​As expected, the industrial market had its biggest quarter of 2017.
Fourth quarter sales activity starts strong/432/st-louis-10-24-17-office-sales<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/building-exterior.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/432/st-louis-10-24-17-office-salesFourth quarter sales activity starts strongFourth quarter office sales activity is off to a strong start, and is already higher than any other quarter of 2017.
Favorable startup conditions are plentiful in St. Louis/283/st-louis-8-28-start-ups<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/people-business-meeting.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/283/st-louis-8-28-start-upsFavorable startup conditions are plentiful in St. LouisCrunchbase News recently ranked St. Louis as the fourth best city in the Midwest for “entrepreneurs and investors.”
Industrial market continues to keep pace with new developments/205/st-louis-industrial-7-31-17<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/industrial-cargo-shipping.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/205/st-louis-industrial-7-31-17Industrial market continues to keep pace with new developments​As we reach the halfway point in 2017, absorption has topped one million square feet. Commencement of leases by Fairfield Manufacturing, XPO Logistics, and Quiet Logistics added almost 800,000 square feet of occupied space in the second quarter.