Economy of St. Louis

The Federal Reserve Bank of St. Louis in downtown is one of two federal reserve banks in Missouri.

St. Louis is a center of medicine and biotechnology. The Washington University School of Medicine is affiliated with Barnes-Jewish Hospital, the fifth-largest hospital in the world. The two institutions operate the Alvin J. Siteman Cancer Center. The School of Medicine also is affiliated with St. Louis Children's Hospital, one of the country's top pediatric hospitals. Both hospitals are owned by BJC HealthCare. The school's Genome Sequencing Center played a major role in the Human Genome Project. St. Louis University Medical School is affiliated with Tenet Healthcare's St. Louis University Hospitals and SSM Health Care's Cardinal Glennon Children's Hospital. It also has a cancer center, vaccine research center, geriatric center, and a bioethics institute. Several different organizations operate hospitals in the area, including BJC HealthCare, SSM Health Care, Tenet and Mercy Healthcare.

Boeing employs nearly 15,000 people in its north St. Louis campus, headquarters to its defense unit. In 2013, the company said it would move about 600 jobs from Seattle, where labor costs have risen, to a new IT center in St. Louis