local economy

As the third-largest city in Missouri, Springfield has a long standing economic growth record and regional influence. With a diversified economy and strategic location, the city serves as a key business and innovation hub for Southwest Missouri and Northern Arkansas.

Key Economic Indicators

$22.6 billion GDP as of 2023, reflecting a 58% increase over the past decade
27-county regional impact spanning Missouri and Arkansas, supporting a population of over 1 million residents
11% metropolitan population growth over the last 10 years

Population Trends

Greene County (which includes Springfield) has grown by over 10% since 2010

Christian County, one of the fastest-growing counties in Missouri, has expanded by nearly 25%

Leading Industries

Springfield’s economic success is driven by a strong presence in key sectors:

Healthcare and Social Assistance
- Employs over 41,000 individuals
- Contributes $3.8 billion to regional GDP
Manufacturing
- Employs more than 19,000 residents
- Adds $2.7 billion to the economy
Additional strengths include education, logistics, professional services, retail, and tourism

Workforce & Employment

Low unemployment rate of approximately 2.8%
9% labor force growth over the past decade

Access to skilled labor supported by institutions like Missouri State University and Ozarks Technical Community College

Business Climate & Investment

Springfield offers a business-friendly environment, competitive costs, and a centralized location for distribution and logistics
Ongoing investment in infrastructure, commercial development, and public-private partnerships
Regional support through the Springfield Regional Economic Partnership and other economic development organizations

As the third-largest city in Missouri, Springfield is a thriving and energetic metropolitan area that’s the perfect incubator for a wealth of industries and jobs. Grow in your career and come grow with us!

Local Economy