Bachelor's Degree or Higher for Missouri
GCT1502MO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33.20
Year-over-Year Change
27.20%
Date Range
1/1/2006 - 1/1/2023
Summary
The 'Bachelor's Degree or Higher for Missouri' series tracks the percentage of adults in Missouri who have attained a bachelor's degree or higher level of education. This metric is a key indicator of the state's educational attainment and human capital.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This statistic represents the share of the adult population in Missouri, aged 25 and over, who have completed a bachelor's degree or more advanced postsecondary credential. It is a widely used benchmark for evaluating the educational profile and skill levels of a state's workforce.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
Policymakers and economic development agencies utilize this metric to assess Missouri's talent pipeline and competitiveness in attracting high-skilled jobs and industries.
Key Facts
- Missouri's bachelor's degree or higher attainment rate was 29.6% in 2021.
- This rate lags the national average of 32.9% for the same year.
- Educational attainment varies significantly by region within Missouri.
FAQs
Q: What does this economic trend measure?
A: The 'Bachelor's Degree or Higher for Missouri' series tracks the percentage of adults in Missouri who have attained a bachelor's degree or more advanced level of education.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of Missouri's educational profile and human capital, which are important factors for economic development, workforce quality, and talent attraction.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's American Community Survey.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies utilize this metric to assess Missouri's talent pipeline and competitiveness in attracting high-skilled jobs and industries.
Q: Are there update delays or limitations?
A: The data is released annually, with a typical delay of 1-2 years. State-level data may have larger margins of error compared to national-level statistics.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher for Missouri (GCT1502MO), retrieved from FRED.