Business and the Economy

401(K) 2013 / Flickr

The City of Springfield's June one percent general sales tax check from the Missouri Department of Revenue is up three percent compared to what was budgeted, according to a news release from the city. The check reflects sales processed by the state in May from transactions made primarily in April.

The sales tax check was $4,080,429 compared to the budgeted amount of $3,965,760.

On a year-to-date basis, sales tax revenue is $42,494,343. That's five percent or $2,012,253 above the budgeted amount of $40,482,090.

City of Springfield

Home improvement store, Menards, has the go ahead to build a store northwest of the Sunshine and W. Bypass intersection.  KSMU's Michele Skalicky has more.

Springfield City Council voted 7-2 to allow rezoning of just over 39 acres of land at 3705 W. Sunshine from a County R-1 Suburban Residence District to a Highway Commercial District.

Events scheduled in the next few months in Springfield are expected to bring thousands of visitors to the city.

According to the Springfield Convention and Visitors Bureau, more than 40,000 people will be in the city for events as well as for leisure travel.  Many of the events were booked by the CVB.

It’s estimated that people attending group events spend at least $150 per day, which the CVB says generates significant amounts of income of hotels, restaurants, attractions and retailers.  It also contributes to the city’s sales tax and other tax revenues.

Steve Fines / KSMU

After touting the state’s low unemployment rate in this week’s State of the State address, Governor Jay Nixon visited Springfield to celebrate specific economic efforts locally.

Simone Cook

With the busiest shopping weekend of the year set to begin, customers are reminded that there’s more than just Black Friday.

Small Business Saturday, trademarked by American Express, is a movement to bring attention to business in local areas.  This year, Small Business Saturday will occur on November 29.

Mick and Paige Whitcomb own the retail and art store Nomad in downtown Springfield. Mick Whitcomb believes the movement is effective in helping small businesses grow throughout the country.