Industry News and Developments

 Wichita Industry News ReportWichita Industry News and Developments provides a brief overview of statistical trends and major announcements by industry sector.  The report covers the Wichita, KS MSA, which is comprised of Butler, Harvey, Sedgwick and Sumner counties.


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Indicators

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Economic variables occur at approximately the same time as the conditions they signify.

 

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Economic variables that are considered to predict future economic activity.

Contact Us

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Center for Economic Development and Business Research
W. Frank Barton School of Business

1845 Fairmount, Devlin Hall
Wichita, KS 67260-0121
Phone: (316) 978-3225 
Fax: (316) 978-3950
e-mail: cedbr@wichita.edu

Save the Date

savethedate2012 final smallThe 33rd Annual Wichita Area Economic Outlook Conference will be held Oct. 11, 2012, in the Century II Convention Hall, from 7:30 to 11:30 a.m. Breakfast is included with the ticket purchase. More information will be available as the event draws near.

 

In the meantime, please follow us on Facebook, where you can learn more about the Center for Economic Development and Business Research, as well as get current information about the upcoming conference.

 

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CEDBR Releases Oil and Gas Report

Oil derricksAcross the country, there has been increased activity in oil and natural gas production due to technological advancements in hydraulic fracturing. Improvements in this technology, as well as changing oil and natural gas prices, have the potential to increase employment in the natural resources and mining industry. Evidence of this can be seen in the increasing employment levels in Oklahoma, Pennsylvania and North Dakota. Although Kansas may be seeing increased activity in this industry, local employment levels have remained flat. 

 

View the full report.

New Report Analyzes Population and Migration in Douglas County

movingtruck smallThe Center for Economic Development and Business Research, W. Frank Barton School of Business at Wichita State University, recently released online population projections by age cohort from 2010 through 2040 for all Kansas counties. This newly released report is the second in a series of reports aimed at identifying ways to use population projection data. This report analyzes the population projections for Douglas County and demonstrates the impact migration patterns have on estimates. 

 

Read more.

Kansas Trade Is Impacted by Recession

cargoexport smallThe volume of Kansas exports, as measured in billions of dollars, declined as a result of the 2008-2009 recession. There has been an upward trend since late 2009, but Kansas’ total export value has not yet regained its pre-recession level.

 

More Kansas export data is available in a new report released by the Center for Economic Development and Business Research, including an analysis of the state’s top five exporting industries from 2007 to 2012. Similar data is also discussed for Kansas imports. 

 

Read more about Kansas exports and imports.

WSU Current Conditions Index Breaks a Downward Trend

After four months of decline, the WSU Current Conditions Index rose 0.9 percent in February. All of the seasonally adjusted Index indicators improved, except the Wichita MSA unemployment rate, which increased 0.3 percentage points. The volume of airfreight shipments at Mid-Continent Airport increased 16.1 percent. Wichita home sales increased 7 percent, and the local hotel occupancy rate increased 6.9 percentage points. 

 

Access the February Index report.

2012 Kansas Economic Outlook Revision

2012 graph with upward arrowThe Kansas unemployment rate was 6 percent in November 2011. This continues the general decline in unemployment rates since mid-2009, after fluctuating a bit throughout 2011. Kansas employment is expected to remain flat in 2011 when compared to 2010. Gains in the production and service sectors are expected to offset losses incurred in trade, transportation and utilities, as well as the government sectors.

The Kansas economy is expected to stabilize and begin growing at a modest pace. The Center for Economic Development and Business Research estimates total employment growth of 1 percent, for a net increase of 13,010 employees, in 2012.

To read the complete 2012 revised forecast for Kansas, click here.

New Report Examines Kansas Commuting Patterns

Traffic jam

According to a new CEDBR report, approximately 12,583 workers commute into Kansas on a typical day. However, a larger number of workers commute in and out of urban and rural areas within the state, with urban areas typically gaining workers and rural areas losing them.

In addition to state level information, the full report examines commuting patterns in six metropolitan areas and 14 micropolitan areas in the state, including commuting patterns by industry and income levels.

Access the full report.

2012 Wichita Economic Outlook Revision

Man with binocularsThe Center for Economic Development and Business Research is forecasting a 0.6 percent increase in employment for 2012, for a total gain of 1,735 jobs. The 2012 forecast has been revised downward due to slower than expected national growth and continued unknowns in the local and global economy, including the closure of Boeing Wichita and the continued weakness in the Euro zone. Wichita’s forecast for 2012 indicates a year of continued stabilization.

To read the complete 2012 revised forecast for Wichita, click here.

Population Projections

2010 Population

2010 Population

Source: 2010 Census of Population and Housing

The 2012 release of population projections for all Kansas counties can be downloaded below.  The updated projections were estimated with and without historic economic migration patterns.  The age cohort projections are for every five years through 2040.

Summary Results and Methodology

Download Population Projections

Additional detailed demographic projections like race, gender, or alternative migration assumptions can be purchased upon request ( This e-mail address is being protected from spambots. You need JavaScript enabled to view it. ).

Current Indicators