Associated Industries of Missouri (AIM) has released vote ratings showing how legislators voted on important business issues during the 2019 Legislative Session. At Associated Industries of Missouri, we make sure your business’ voice is heard in the Missouri Capitol. We regularly testify on issues that are important to your business and our team of lobbyists helps ensure legislators know where we stand on issues. Part of the political process is holding legislators accountable for the positions they take, either for or against issues that would make Missouri a better place to do business. Equally important is helping to stop the regular assault on employers by trial attorneys and others. Not every vote rating system is the same, so we want to explain how we rated legislators’ votes in the following pages. We assemble the most important issues in each legislative session, assign a value based on the importance of that issue, and a legislator receives points if they voted in
It has been a tough few months for several United Auto Workers union leaders, to say the least. Former UAW President Gary Jones and a top aide have been accused of conspiring to embezzle more than $700,000 in member dues and splitting the money. Also, criminal charges have been filed against Edward “Nick” Robinson of St. Louis, president of a regional UAW community action program council conspiring to embezzle union funds and conspiracy to defraud the federal government. Jones announced last week he would resign his membership in the UAW, having already been removed as the union’s leader. You can read more about both stories in the Detroit News here and here. Associated Industries of Missouri backed a bill that would have allowed union members to decide whether they should support their union with their dues. The “right to work” legislation, after it was passed by the legislature, was referred to voters following a successful signature campaign led by union
The personal consumption expenditures deflator rose 0.2% in October. The core PCE deflator, which excludes food and energy prices, inched up 0.1%.
New housing starts rose 3.8%, up to an annualized 1,314,000 units in October. Over the past 12 months, new residential construction has
The Missouri Viewpoints program, hosted by Mike Ferguson and syndicated statewide, recently interviewed Ray McCarty, president and CEO of Associated Industries of Missouri (AIM) regarding manufacturing. Specifically, McCarty talked about a new initiative led by AIM, Missouri Enterprise, Governor Mike Parson’s administration, university officials and more, to establish a manufacturing policy in Missouri, the “Manufacturing Policy Academy.” Funding for the Manufacturing Policy Academy has been provided by the National Institute for Standards and Technology (NIST). The goal: to provide a sustainable manufacturing policy in Missouri. McCarty talked about the effort, along with manufacturing incentives and the importance of manufacturing to Missouri’s economy in this short video (courtesy of Missouri Viewpoints).
Manufacturing production declined 0.6% in October, extending the 0.5% loss in September and falling for the seventh time year to date.
The J.P. Morgan Global Manufacturing PMI contracted for the sixth straight month, albeit with some continued stabilization. The headline index inched up
U.S. consumer credit outstanding rose 2.8% in September, slowing from the 6.7% and 5.2% gains in July and August, respectively. Revolving
Thompson Coburn partner and AIM Tax Committee member Janette Lohman has been named among Law360 Tax Authority’s first-ever “Influential Women
Ray McCarty, president and CEO of Associated Industries of Missouri was a panelist at the 50th Annual Meeting of the Council on State Taxation (COST) in Washington, DC, on October 25, 2019. McCarty participated in a panel with tax leaders from other Midwest states, including the Kansas Chamber, Minnesota Chamber of Commerce, Ohio Chamber of Commerce, Taxpayers’ Federation of Illinois, Iowa Taxpayers Association, Illinois Chamber of Commerce Tax Institute and Indiana Chamber of Commerce. McCarty discussed the passage of several key tax provisions in the 2019 session, including a provision to prevent a tax increase on some corporations due to a deduction limitation in the federal tax code, a provision that changes the three year statute of limitations for filing a sales/use tax refund to ten years, and the failure of the state to pass legislation addressing internet sales made by companies outside Missouri to Missouri customers in the wake of the Wayfair case. Missouri is one of three states