e-Connection Subscription:

Current and Leading Indices Deteriorate, December 2015

Current & Leading Indices ImprovedFrom November to December, the WSU Current Conditions Index deteriorated by 0.1 percent and, after strong improvements through the fall, the Leading Index decreased 0.5 percent. The Current Conditions Index increased year-to-year by 1.0 percent, with the Leading Index dropping 0.1 percent from November 2014 to December 2015. In addition, the Leading Index is forecasting a 0.24 percent decrease in economic activity over the next six months. 

Read a further analysis of the monthly Index activity.

Access Index data.

 

Kansas Population Forecast

Check out the Kansas Population Forecast (2014 to 2064)
 


Kansas Population Forecast from 2014 to 2064

The Center for Economic Development and Business Research (CEDBR), part of the W. Frank Barton School of Business at Wichita State University, has released population projections by age cohort from 2014 to 2064 for every Kansas county. 

 
Over the 50 years projected, the Kansas population is expected to increase from 2,904,321 to 3,538,277, a 21.8 percent increase.  However, this growth is not evenly distributed.  Some Kansas counties are projected to have substantial increases in population, while others are forecast to experience substantial declines.
 
 

Wishing the Best to Long-Time Staff Member, Rosemary Hedrick

Wishing the Best to Long-Time  Staff Member, Rosemary HedrickIf you have attended an Economic Outlook Conference in the past 17 years, you’ve likely interacted with CEDBR’s Senior Administrative Assistant and Conference Coordinator, Rosemary Hedrick. She has been a driving force for excellence for the Center and played an integral role in the immense growth we’ve achieved.

Rosemary has accepted a new position at Wichita State University’s Heskett Center, and will be spending her last day with CEDBR on Friday, February 12, 2016. While we are sad to lose such a valued member of our team, we send her off with a hearty, “Job well done!” and we hope the very best for her future. 

Warmest wishes to you, Rosemary!

Kansas MSAs Showed Slight Increase In Unemployment Rates

EmploymentThe unemployment rate for Kansas, as a whole, increased by 0.1 percentage points from November to December of 2015. Manhattan had the largest increase, raising by 0.2 percentage points, while Wichita, Topeka, and Lawrence saw an increase of just 0.1 percentage points.

A slide presentation is available with additional employment and unemployment data for Kansas and its four metro areas.

View the December slide presentation.

 

WSU's Business Booster Series Spring 2016

WSU's Center for Entrepreneurship and Meritrust Credit Union present the spring 2016 Business Booster Series. Formulated for the self-made business owner and fortified with the knowledge of fellow business mavericks, these three-hour workshops are a fast-acting dose of practical know-how you can immediately put to use to beef up your business' bottom line. See the roster of upcoming courses!

Supercharge your success. Make your reservations today by calling (316) 978-3000 or visit www.wichita.edu/BusinessBooster to learn more.

Questions? Please contact Nancy Kersenbrock, Assistant Director, at (316) 978-3000 or This email address is being protected from spambots. You need JavaScript enabled to view it. .

 

Wichita Cost of Living, Annual Average

Cost of Living Less in WichitaThe Council for Community and Economic Research released its annual Cost of Living Index for 273 urban areas. Wichita’s overall Index value was nearly 6.9 percent below the national average of 100. The most expensive urban area in which to live was New York (Manhattan), N.Y., with an Index value more than twice that of the national average. The least expensive urban area was McAllen, Texas, which was nearly 22 percent below the national average.

Read more.

To subscribe to the Cost of Living Index report, or to learn more about The Council for Community and Economic Research, visit their website.

December: Midwest Inflation Rates Falling

InflationThe Consumer Price Index is used to calculate inflation, or the change in price of a basket of goods and services, as it impacts consumers; whereas, the Producer Price Index measures changes in selling prices, thereby expressing price changes from the perspective of the seller who produces a particular commodity.

A slide presentation updated with December 2015 data shows the Midwest inflation rate decreased from November to December in urban metros and in non-metro areas.

The Producer Price Index data shows that prices in the United States have increased from December 2014 to December 2015 for aircraft (0.6 percent). During that same time period, the index decreased for sorghum (26.1 percent), crude petroleum (43.6 percent), natural gas (49.1 percent), slaughter livestock (25.7 percent), and wheat (25.5 percent).

Access this slide presentation.

Learn more about the CPI.

Learn more about the PPI.

Economic Outlook | Wichita | 2016

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 employment in the Wichita metropolitan area grew by 1 percent.

In 2016, Wichita total nonfarm employment is expected to increase by 3,360 jobs, which implies the employment growth rate is anticipated to be 1.1 percent.

Read the full Wichita employment forecast.

 
 

Economic Outlook | Kansas | 2016

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.

 

Contact Us

Center for Economic Development and Business Research

W. Frank Barton School of Business
1845 Fairmount
(located in the NIAR building)
Wichita, KS 67260-0121
Phone: (316) 978-3225 
Fax: (316) 978-3950
e-mail: cedbr@wichita.edu

Media

  • Press Releases
  • Latest News Commentary
  • Videos
  • Media Contact Information

> > Media & Press Resources