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e-Connection is a monthly newsletter that contains employment forecasts, indexes, and other research from CEDBR.

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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

NEW: Subscribe to Monthly Indicators

The Center for Economic Development and Business Research, part of the W. Frank Barton School of Business at Wichita State University, has put together a monthly email that displays economic indicators for Wichita, Kansas, and the United States. 

This high-frequency economic data will include the following:

  • manufacturing hours and earnings
  • civilian labor force employment
  • current and leading indices
  • industry and production indices
  • consumer price index
  • interest rates
  • consumer sentiment
  • new housing units
  • new housing valuation
  • real estate transfers
  • single-family home sales
  • electricity usage
  • Wichita Dwight D. Eisenhower National Airport activity

If you would like to subscribe to this new resource, please do so at www.subscribe.cedbr.org.

In the future these emails will be delivered mid-month each month.

Speakers Announced for 2015 Wichita Economic Outlook Conference



Scott Anderson, chief economist and senior vice president for Bank of the West, and Ted Jones, chief economist and senior vice president for Stewart Title Guaranty Co., will speak at the 36th annual Wichita Area Economic Outlook Conference hosted by Wichita State University's Center for Economic Development and Business Research. The event will be held from 7:30-11:30 a.m. Thursday, Oct. 1, in the Century II Convention Hall.

Anderson will be presenting on the U.S. and global economies. Anderson has appeared in numerous print, television and radio media outlets, including the New York Times, Washington Post, Los Angeles Times, Bloomberg, CNBC and NPR. 

In his role at Bank of the West, Anderson analyzes international, national and regional economic trends and provides forecasts for Bank of the West management, business lines and clients.

Jones will be presenting on commercial real estate. Jones is an accomplished speaker, typically giving more than 150 presentations on real estate and the economic outlook each year. 

Currently, Jones addresses the information needs of internal and external customers, conducts on-going research and supports economic and financial analysis for the company and its customers.

Registration for the Economic Outlook Conference is now open. The $115 ticket price includes breakfast. Check www.agenda.cedbr.org often for updates about the conference.

Wichita's Grocery Index 6.1 Percent Below National Average, First Quarter 2015

The Council for Community and Economic Research released the annual average Cost of Living Index for 265 urban areas for the first quarter of 2015. Wichita’s overall Index value was almost 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 more than 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.

Midwest Increase in Inflation Rates May to June 2015

The 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 June 2015 data shows the Midwest inflation rate increased in urban metros and non-metro urban areas from May to June.

The Producer Price Index data shows that the price in the United States has remained unchanged from June 2014 to June 2015 for aircraft. The Index decreased in that same period by 1.4 percent for crude petroleum and 0.9 percent for slaughter livestock.The prices increased for natural gas (12.9 percent), sorghum (4.2 percent) and wheat (10.3 percent). 

View the slide presentation.

April to May Unemployment Increased Across Kansas

april to may unemploymentThe unemployment rate for Kansas, as a whole, increased by 0.2 percentage points from April to May of 2015. The Wichita, Topeka, Manhattan and Lawrence MSAs all experienced an increase in the unemployment rate for that same period, increasing by 0.2   percantage points in Wichita and Topeka and by 0.3 percentage points in Lawrence and Manhattan.

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

View the slide presentation.

WSU's Business Booster Series

WSU's Center for Entrepreneurship and Meritrust Credit Union present the fall 2015 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.

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

Questions? Please contact Wendy Veatch, Director of Outreach Programming, at (316) 978-5219 or This email address is being protected from spambots. You need JavaScript enabled to view it. .

 

2015 Kansas Economic Outlook, May Revision

May 18, 2015

In 2015, Kansas total nonfarm employment is expected to increase by 18,868 jobs, which implies the employment growth rate is anticipated to be 1.3 percent. 

Both the service (13,127 jobs) and trade, transportation & utilities (4,008 jobs) sectors are expected to lead the growth in the state in 2015, with growth rates of 2.1 percent and 1.5 percent, respectively. The production sectors are projected to add 1,355 jobs, for 0.6 percent growth. Whereas, the government sector is projected to remain flat, showing 0.0 percent growth and adding 43 jobs in 2015.

Read the full 2015 Kansas Employment Forecast.

 

2015 Wichita Economic Outlook, May Revision

May 18, 2015

In 2015, Wichita total nonfarm employment is expected to increase by 2,472 jobs, which implies the employment growth rate is anticipated to be 0.8 percent.

The service (2,158) and production (523) sectors are expected to lead the growth in Wichita in 2015, with growth rates of 1.6 percent and 0.8 percent, respectively. The trade, transportation, and utilities sector is projected to add 186 jobs and the government sector is expected to decline by approximately 395 jobs, shrinking by a rate of 1.0 percent.

Read the full 2015 Wichita Employment Forecast.