2016 forecast

October 1, 2015

Nationally, real GDP expanded briskly with 3.9 percent growth in the second quarter of 2015, after growing 0.6 percent in the first quarter of 2015.  Most of this growth was due to growing personal consumption expenditures, with investment experiencing the second largest growth.  Net exports and government spending also contributed to the increase in real GDP, as both had moderately positive growth.  Employment increased by 2.1 percent nationally in the last twelve months, while Kansas employment increased by 0.9 percent.

In 2016, Kansas total nonfarm employment is expected to increase by 19,958 jobs, which implies the employment growth rate is anticipated to be 1.4 percent.

Read the full Kansas employment forecast.

 

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