Kansas economy

www.kansaseconomy.org

A new website offers comprehensive economic data for Wichita and the state of Kansas.

The website KansasEconomy.org provides trends, economic indicators and the most recent employment and population forecasts. 

The Center for Economic Development and Business Research at Wichita State University created the website to compile economic data from across the state in one place. The center’s director, Jeremy Hill, says the information is coming straight from government sources and will automatically update.

State Policy Reports

Data recently released in the Washington, D.C.-based publication State Policy Reports puts Kansas in close-to-last place when it comes to state economies. Kansas is ranked 46th when compared to other states and the District of Columbia.

401(K) 2012 / Flickr Creative Commons

The majority of business owners surveyed by the Wichita Independent Business Association say the state’s income tax exemption for many small businesses should be amended.

Back in 2012, Gov. Sam Brownback ended all taxes on non-wage income for LLCs, subchapter S corporations and sole proprietorships, calling the move a “shot of adrenaline” for the economy. The idea was that small businesses would keep more of the money they make, allowing them to hire more people and expand their facilities.

Ervins Strauhmanis, flickr Creative Commons

A new efficiency report includes more than 100 recommendations that could save the state more than $2 billion over five years.

Workers from the company Alvarez and Marsal released their preliminary findings to lawmakers Tuesday. Suggestions for improving efficiency and performance range from hiring more workers in the Department of Revenue to eliminating some health insurance options for state employees.

Kansas Economy Shrinking, Report Finds

Jun 1, 2015

A survey out of Creighton University indicates that Kansas’ economy was down last month. KMUW's Sean Sandefur has more...

Kansas received a 49.7 on Creighton University’s monthly Business Conditions Index for May, down from 51.2 in April. The score means that for the first time this year, Kansas’ economy is thought to be shrinking.

The index is based on surveys from business owners across the state and is scored from zero to 100.

Kansas' Economy Not Growing As Quickly As Nation's

Sep 27, 2013

Researchers at The Center for Economic Development and Business Research at Wichita State University say the Kansas economy is growing at a slower rate than the nation as a whole.

Their report says the number of jobs in the state has grown one percent so far this year and isn't keeping up with the growth of the labor force. The jobless rate in Kansas rose to 5.9 percent in August.

The largest growth forecast for 2014 is expected to be in the service sectors. Education and health services are expected to add more than 4,200 jobs.

GVL Polymers / GVL Polymers

GVL Polymers Inc., will soon open a plant in Kansas, just north of Newton. 

The company plans to build a 50,000-square-foot facility in Hesston and says it will employ more than 20 full-time workers within its first year. GVL's main plant and headquarters are in Litchfield, Minn., where it employees 40 people. The Hesston location will be the company's second plant.