Missouri Ranks 37th in Prosperity

Missouri Ranks 37th in Prosperity Despite Pandemic and Economic Challenges

  Majority of states are enjoying pre-pandemic levels of prosperity according to new report by Milken Center for Advancing the American Dream and Legatum Institute

   Missouri ranks 37th in overall prosperity according to the American Dream Prosperity Index (ADPI), released by the Milken Center for Advancing the American Dream in partnership with Legatum Institute. The United States continues to see a rise in prosperity, even as we faced the long-term impacts of a pandemic and the economic realities of rising inflation and a shrinking economy. But while the overall trend points to a prosperous nation, prosperity continues to be unequally distributed regionally, often eluding rural communities and Black Americans.

  Prosperity is a multidimensional concept which the American Dream Prosperity Index seeks to measure, explore, and understand. The framework of the Index captures prosperity through three equally-weighted domains which are the essential foundations of prosperity — Inclusive Societies, Open Economies, and Empowered People. These domains are made up of 11 pillars of prosperity, built upon 49 actionable policy areas, and are underpinned by more than 200 reliable indicators.

See more in this weeks Boone County Journal