Kansas Economic Outlook Conference Registration, Wichita October, 6, 2016

 

Unemployment Rates See Slight Drop in Kansas MSAs

EmploymentThe unemployment rate for Kansas, as a whole, decreased by 0.3 percentage points from July of 2016 to August of 2016. Wichita and Topeka saw the smallest decrease, falling by just 0.1 percentage points. Manhattan and Lawrence saw a bigger decrease with 0.3 percentage points and 0.4 percentage points respectively.

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

View the August slide presentation.

 

Midwest Annual Inflation Rates Rising, August 2016

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 August 2016 data shows the Midwest inflation rate increased from July to August. While the urban metropolitan areas noticed a 0.52% increase, the non-metropolitan urban areas saw a smaller increase of 0.26%. 

The Producer Price Index data shows that prices in the United States have increased from August 2015 to August 2016 for aircraft (1.0 percent). During that same time period, the index decreased crude petroleum (-3.0 percent), natural gas (-12.2 percent), slaughter livestock (-19.8 percent), sorghum (-25.9 percent) and wheat (-17.9 percent).

Access this slide presentation.

Learn more about the CPI.

Learn more about the PPI.

Current and Leading Indices decline, September 2016

Current & Leading Indices From June to July, the WSU Current Conditions Index decreased by 0.6 percent. The Current Conditions Index increased year-to-year by 0.1 percent from June 2015 to July 2016. In addition, the Leading Index is forecasting a 0.73 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: Working Age Population

The working age population is forecast to shift throughout the state over the next 50 years.The working age population of the state, ages 18 to 64, is forecast to grow a more modest 10.3 percent, from 1,764,061 to 1,946,380. The over 65 population is projected to grow more rapidly in Kansas, while the under 18 population remains relatively constant over this period.

This growth in the working age population in Kansas is not projected to be evenly distributed. The metropolitan areas of the state are expected to grow considerably faster than the rest of the state over the next fifty years.

Read the complete article.
 

YouTube, Kansas Population Forecast, Micropolitan Areas

Profile of Unemployment Insurance Beneficiaries in Wichita, 2nd Quarter 2016

Unemployment Insurance Wichita KansasThere was an average of 13,311 unemployed people in the Wichita metropolitan area in the first quarter of 2016, approximately 46 percent of whom collected unemployment insurance benefits.1 In the second quarter of 2016, there were approximately 6,120 people, age 16 and over, who collected unemployment insurance benefits. That is a decrease of approximately nine percent from the first quarter of 2016.

In the first quarter of 2016, four industries accounted for 56 percent of unemployment insurance beneficiaries in the Wichita area; manufacturing, construction, administrative and support and waste management and remediation services, and health care and social assistance. Of these industries, manufacturing and health care and social assistance have a proportionately low level of unemployment insurance beneficiaries, when compared to total employment. Construction and administrative and support services have a proportionately high level on unemployment insurance beneficiaries.

Read the full Wichita unemployment insurance beneficiaries report.
 

Employment-Population Ratio for Sedgwick County & Peers

Click to enlarge.Wichita and similar cities have seen large changes, mostly declines, in their employment-population ratio over the last decade. Many have been more strongly affected by the 2008 recession than the rest of the United States.

  • After the official end of the 2008 recession in June 2009, Sedgwick County’s employment-population ratio continued to decline for a longer period than any of the four peer counties. In 2014, Sedgwick County’s ratio began to increase consistently for the first time since the recession, whereas Kent and Greenville Counties began to recover in 2010, Lancaster County in 2011, and Summit County in 2013.

Read more.

Entrepreneurship Forum Series

Center for Entrepreneurship Forum Series


 

MINDSET AND METHODS
OF OPEN INNOVATION

 

 

Workshop for Manufacturers
 

 

Date: Friday, October 7, 2016

Time: 8:30-12:30

Location: Koch Arena Champion's Club

Successful large companies use the process of Open Innovation to provide them with a competitive advantage and surpass their competitors. This seminar takes Open Innovation to small and mid-sized manufacturers to share with them the techniques that have worked for large companies. Participants will be invited to understand the wealth of R&D resources available to them at federal labs, universities and potential partner firms.

 

Participants will learn how to scout for new technology and partner with a research institution to develop a new technology.

 

Forums are free and open to the public.

 

Register HERE.

 

Contact Us

Twitter, Kansas Economy- Center for Economic Development and Business Research in Wichita   LinkedIn, Kansas Economy, Center for Economic Development and Business Research in Wichita   Facebook, Kansas Economy, Center for Economic Development and Business Research in Wichita   YouTube Channel, Kansas Economy- Center for Economic Development and Business Research in Wichita

Center for Economic Development and Business Research
W. Frank Barton School of Business|
Wichita State University
1845 Fairmount (located in NIAR)
Wichita, KS 67260-0121
P: (316) 978-3225 | F: (316) 978-3950
E: cedbr@wichita.edu

e-Connection Newsletter Preview

2016 Media Citations

More media resources
available at www.media.cedbr.org

City OKs new IRBs for Spirit AeroSystems
Wichita Business Journal
____________

Kansas Seeing More Startups, But Little Job Growth
KMUW
____________

Wichita State study: New Kansas businesses add few workers
Wichita Eagle
____________

Tax Abatements: A Boon For The City, Or Not Worth The Cost?
KMUW
____________

Rose Hill considers tax abatement amid dire budget situation
Derby Informer
____________

County's future depends on the outlook today
The Marysville Advocate
____________

National article questions depth of Wichita's aerospace job pool
KSN
____________

Population here predicted to drop
The Marysville Advocate
____________

In Kansas, managers' income gains nearly match farm, telecom worker losses
Wichita Eagle
____________

Brownback 'experiment' falling flat
Hutchinson News
____________

Kansas' litany of grim realities
The Garden City Telegram
____________

Kansas loses jobs in Februrary for first time since 2011, according to state survey
Wichita Eagle
____________

Mark Peterson: Kansas must change or even more will leave
Wichita Eagle
____________

Your wake-up call for the day, or maybe the year 
High Plains/Midwest Ag Journal
____________

As Bombardier cuts jobs, the rest of the Wichita aviation market could stabilize
KSN
____________

Yael T. Abouhalkah: Think Johnson County is crowded now? Wait until it hits 1 million people
Kansas City Star
____________

WSU study: Kansas population forecasted to transfer to metro areas
The Sunflower
____________

Graduate student's research helps WSU develop state population forecast
Wichita State News
____________

Code red for rural hospitals
Hillsboro Star-Journal
____________

School data shows drop in child homelessness
Topeka Capital-Journal
____________

County population to increase
The Morning Sun
____________

Report: Kansas Sees Give Percent Growth In Business
KMUW
____________

County expected to shrink over time
The Kansan
____________

Forecast: Elderly Population to Double, Outnumber Children
WIBW
____________

Kansans in 50 years will be mostly urban, mostly older
WIchita Business Journal
____________

(AP) Forecast: Elderly Population To Double, Outnumber Children
WOW! 6 News
____________

(AP) Forecast: Elderly Population To Double, Outnumber Children
KAKE
____________

(AP) Forecast: Elderly Population To Double, Outnumber Children
KMUW
____________

(AP) Forecast: Elderly Population To Double, Outnumber Children
KSNT
____________

(AP) Forecast: Elderly Population To Double, Outnumber Children
KWCH
____________

(AP) Forecast: Elderly Population To Double, Outnumber Children
Lawrence Journal-World
____________

(AP) Forecast: Elderly Population To Double, Outnumber Children
NTV
____________

(AP) Kansas elderly population to double
Parson Sun
____________

(AP) Kansas elderly population to double, outnumber children, forecast predicts
Shawnee Dispatch
____________

(AP) Kansas elderly population to double, outnumber children, forecast predicts
Tonganoxie Mirror
____________

(AP) Study: Kansas Elderly Population To Double, Outnumber Children
News on 6
____________

(AP) Study: Kansas elderly population to double, outnumber kids
Argus Press
____________

(AP) Study: Kansas elderly population to double, outnumber kids
Bristol Herald
____________

(AP) Study: Kansas elderly population to double, outnumber kids
Brownsville Herald
____________

(AP) Study: Kansas elderly population to double, outnumber kids
Clay Center Dispatch
____________

(AP) Study: Kansas elderly population to double, outnumber kids
Daily Journal
____________

(AP) Study: Kansas elderly population to double, outnumber kids
Emporia Gazette
____________

(AP) Study: Kansas elderly population to double, outnumber kids
Greenfield Reporter
____________

(AP) Study: Kansas elderly population to double, outnumber kids
Hastings Tribune
____________

(AP) Study: Kansas elderly population to double, outnumber kids
Hutchinson News
____________

(AP) Study: Kansas elderly population to double, outnumber kids
Lebanon Daily Record
____________

(AP) Study: Kansas elderly population to double, outnumber kids
Odessa American
____________

(AP) Study: Kansas elderly population to double, outnumber kids
The Eagle (Bryan-College Station, TX)
____________

(AP) Study: Kansas elderly population to double, outnumber kids
The Monitor
____________

(AP) Study: Kansas elderly population to double, outnumber kids
The Republic (Columbus, Indiana)
____________

(AP) Study: Kansas elderly population to double, outnumber kids
Valley Morning Star
____________

(AP) WSU Forecast: Elderly population to double, outnumber children
KSN
____________

Guess where nearly a third of Kansans will live in 2064
Kansas City Business Journal
____________

Kansas' aging population expected to double
KSN
____________

Kansas population forecast released by Wichita State
Wichita State News
____________

Kansas population forecast shows aging population
KWCH
____________

Kansas population forecast to hit 3.5 million by 2064, Wichita State study says
Topeka Capital-Journal
____________

Slow population growth projected in Kansas over next 50 years, study finds
Wichita Eagle
____________

State population predicted to rise over 50 years
Garden City Telegram
____________

Study shows continuing population declines
Hays Daily
____________

Study: In 50 years Kansas population will be much older, more urban (+video)
Wichita Eagle
____________

Study: Kansas population expected to increase
KWCH
____________

Surprising numbers in latest Kansas population forecast (VIDEO)
Hays Post
____________

Surprising numbers in latest Kansas population forecast (VIDEO)
Salina Post
____________

Play together or pay dearly
Peabody Gazette-Bulletin
____________

As percentage of homeowners falls, Wichita looks to more mobile future (+video)
Wichita Eagle