Economy

Economy
12:04 pm
Wed April 3, 2013

Kansas Gets 'A' Grade For Small Business-Friendly Practices

Kansas received an "A" grade again this year from Thumbtack.com's Small Business Survey. The grade was the seventh highest in the country.

The survey bases its grades on data gathered from a nationwide group of more than 7,000 small business owners, freelancers and entrepreneurs in order to rank the best places in the country to do business. The rankings were released in partnership with the Kauffman Foundation.

Kansas received its overall A grade thanks to a strong showing in several categories:

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Economy
1:15 pm
Fri March 29, 2013

Kansas Unemployment Rate Holds Steady, Though State Gained 15,400 Jobs in February

Unemployment rates by county
Credit Kansas Department of Labor

The jobless rate in Kansas isn't falling, but it didn't get worse in February. 

The (not seasonally adjusted) unemployment rate declined from 6.2 to 5.8 percent, while the smooth seasonally adjusted number remained steady at 5.5 percent for the fourth month. In February 2012, the seasonally adjusted unemployment rate was 5.9 percent. 

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Economy
8:34 am
Thu February 28, 2013

Bowling Event Expected To Bring $14M To Wichita

The 2019 Women's USBC Bowling Championships will be held in Wichita.
Credit johnkeelty/Flickr--Creative Commons

Wichita will once again be host to the nation’s top female bowlers.

In 2019 the United States Bowling Congress Women’s Championships will be held in the city. It will run April-June and is expected to generate around $14 million in economic impact for south-central Kansas.

The event was last held in Wichita in 2004.

The bid to bring the championship to Wichita was a collaboration between the city of Wichita, the Go Wichita Convention & Visitors Bureau, the Greater Wichita Sports Commission, and the Great Plains USBC Association.

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Economy
5:59 am
Thu February 7, 2013

Kansas Housing Agencies Receive $1.2M To Help Renters

A row of houses in Lawrence, Kansas.
Credit Kathryn Greenhill / Flickr

Ten nonprofit groups and public housing agencies in Kansas have been awarded $1.2 million to help renters find affordable housing.

The Kansas Housing Resources Corporation announced the grants Wednesday. They say the funds can be used on subsidies for renters or to help them pay utilities and security deposits. 

The award money comes from the federal government but the grants are administered by the state's housing corporation, an independent agency with a board appointed by the governor.

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Economy
12:13 pm
Tue January 15, 2013

Kansas Below National Average For Food Stamp Use

Monthly averages for Kansas food assistance recipients.
Credit dcf.ks.gov

Despite record levels of participation, Kansas remains below the national average in residents enrolled in the Supplemental Nutrition Assistance Program (SNAP) or food stamps.

A new fact sheet released by the Center on Budget and Policy Priorities says 315,000 Kansans were enrolled in the program in September 2012. That is 11 percent of the state population, or 1 in 9 people. 

That is up from 184,036 Kansas enrollees in 2008.

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Economy
6:09 am
Wed January 9, 2013

Department of Labor Expects Continued Job Growth in KS

The unemployment rate in Kansas continues to beat the national average.

In Kansas, the unemployment rate stands at 5.4 percent. That's well below the U.S. average of 7.8 percent.

Tyler Tenbrink is with the Kansas Department of Labor. He says the state is expecting continued improvement in 2013.

"Currently we are at 5.4 percent, we project that to continue to come down - not quite at that rapid pace, but a more moderated pace," he says.

Economy
5:47 am
Thu November 15, 2012

More Kansas Families Struggle As Assistance Shrinks

A new report says more Kansas families are sinking into poverty, but recent changes in state policy will make it more difficult from them to qualify for government assistance. 

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Economy
7:30 am
Thu October 11, 2012

Kansas Housing Market ‘Picking Up Steam’

The cover of the 2013 housing market forecast by WSU's Center for Real Estate.
Wichita State University

The Wichita State University Center for Real Estate has released their 2013 Kansas housing markets forecast, and home sales in the state are expected to rise.

Kansas home sales will rise by more that 6 percent in 2013 according to the report released Thursday.

Director of the WSU Real Estate Center Dr. Stan Longhofer says home prices will also begin to inch their way up. Home prices in Kansas have remained basically flat for the last few years.

Longhofer says the Wichita area saw a sharp drop in housing activity after the home buyer tax credit expired in 2010.

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Tourism
7:02 am
Thu September 20, 2012

Gov. Brownback Announces Committee To Guide Tourism Efforts In The State

Spring duck migration at Cheyenne Bottoms in Kansas.
Jeff Slater Flickr

Kansas Gov. Sam Brownback announced the formation of the Kansas Ecotourism Steering Committee Wednesday at Wichita’s Great Plains Nature Center.

Gov. Brownback says the 16-member steering committee will help guide ecotourism efforts as well as recommend objectives and marketing strategies to grow the industry in the state.

Kansas Department of Wildlife, Parks and Tourism Secretary Robin Jennison will spearhead the group.

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Jobs
7:12 am
Wed September 19, 2012

Siemens To Lay Off 150 Workers In Hutch

Wind turbines at work.
Nuala Flickr

The company Siemens will lay off around 150 workers at their facility in Hutchinson.

The plant builds parts for wind turbines. The company blames a slowdown in wind turbine orders.

Siemens officials say uncertainty about a federal tax credit has slowed new wind power development, so they’re selling fewer wind turbines.

The credit helps pay for installing wind turbines, and it’s set to expire at the end of this year.

The company also says more natural gas power plants and the economy have slowed sales.

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