Skip to Content
Federal Reserve Bank of Chicago
  • About Us
  • Contact Us
  • Newsroom
  • Museum
  • Careers
  • Banking
  • Research
  • Markets
  • Publications
    • Periodicals
    • Data Releases
    • Speeches
  • Events
  • Education
  • People
  • Region
Metro Metrics
  • Share
  • Print
    • Text Size
    • Smaller
    • Larger
ep cover
On This Page
Vol. 9, No. 4
  • Download Entire Publication
Last Updated: 07/13/1985

Metro Metrics

Diana L. Fortier

The 1984 edition of an influential survey by Sales and Marketing Management ranked St. Louis, 20th in the nation in buying power. Today St. Louis would rank tenth. Such an astonishing jump should be classed as an economic miracle especially for an aging midwestern city like St. Louis. But St. Louis' sudden rise actually was accomplished by an Act of Congress when Senator John C. Danforth, (R., Mo.) attached an amendment to an omnibus pending bill to change the census designation of St. Louis from Primary Metropolitan Statistical Area (PMS) to Metropolitan Statistial Area (MSA). With the stroke of a pen, the city regained its suburbs and satellite cities and its national ranking. It was a triumph of metropolitan statistical fact of life over the misplaced municipal pride that had led St. Louis to ask to be counted alone in 1983.

Subscribe Now

Register to receive email alerts when new issues are published.

Subscribe
More by this Author

Diana L. Fortier

  • Bank Mergers Today: New Guidelines, Changing Markets
  • Justice's Merger Guidelines: Implications for 7th District Banking
Related Topics
  • Risk Perspectives: Highlights of Risk Monitoring in the Seventh District
  • Gathering Insights on the Forest from the Trees: A New Metric for Financial Conditions
  • Investing Social Security Trust Funds in the Stock Market
View All

Follow Us:

FaceBook RSS Twitter YouTube
  • About Us
  • Contact Us
  • Newsroom
  • Subscribe
  • Tours
  • Careers
Federal Reserve Bank of Chicago, 230 South LaSalle Street, Chicago, Illinois 60604-1413, USA. Tel. (312) 322-5322
Copyright © 2012. All rights reserved. Please review our
  • Privacy Policy
  • Legal Notices