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

 

Kansas MSAs Notice Decrease In Unemployment Rates

EmploymentThe unemployment rate for Kansas, as a whole, decreased by 0.2 percentage points from February of 2016 to March of 2016. Topeka had the largest decrease, dropping by 0.4 percentage points, while Manhattan followed with a decrease of 0.2 percentage points, and Lawrence and Wichita seeing a mutual decrease of 0.1 percentage points.

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

View the March slide presentation.

Income Inequality (2010-2014)

Wichita Percent of Total Income - Income Inequality - 2010 through 2014

Income inequality has increased in the Wichita area between 2010 and 2014.  Mostly attributable to a shift in income away from the lowest income households to middle class households.  Although there has been an increase in income inequality in Wichita, income inequality in Wichita remains below the levels in the United States, Kansas and many other metropolitan areas. 

See the full report.

Midwest Annual Inflation Rates Increase February 2016 to March 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 March 2016 data shows the Midwest inflation rate increased from February to March in urban metros and in non-metro areas.

The Producer Price Index data shows that prices in the United States have increased from March 2015 to March 2016 for aircraft (0.7 percent). During that same time period, the index decreased crude petroleum (-25.8 percent), natural gas (-39.8 percent), slaughter livestock (-9.8 percent), sorghum (-32.4 percent) and wheat (-17.9 percent).

Access this slide presentation.

Learn more about the CPI.

Learn more about the PPI.

Current and Leading Indices Improve, February 2016

Current & Leading Indices ImprovedFrom January to February, the WSU Current Conditions Index improved by 0.6 percent and, after declining at the end of the year, the Leading Index increased 0.6 percent. The Current Conditions Index increased year-to-year by 0.6 percent, with the Leading Index dropping 0.2 percent from January 2015 to February 2016. In addition, the Leading Index is forecasting a 0.57 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: Regional Growth

Over 80% of the total Kansas population will live in metropolitan areas.The state of Kansas population is projected to have an average annual growth rate of 0.4 percent over the 50 years forecasted.  This is projected to be slightly lower than Kansas’ annual average population growth from 1960 to 2010, which was 0.5 percent.  Over the forecasted period, Kansas’ overall annual population growth rate is forecast to decline from 0.5 percent in 2019 to 0.3 percent in 2064.

Read the complete article.

Transportation and Utilities: Industry Changes

WIND Quarter 5 2015 Transportation & Utilities ChartDuring the fourth quarter of 2015, transportation and utilities employment in Wichita stood at 10,000. This is up 3.4 percent from the third quarter of 2015, and up 1.4 percent from the fourth quarter of 2014.

This graph displays the percentage change in transportation and utilities employment in Wichita compared to that of the U.S.

The Wichita Inudstry News and Developments report below contains more details regarding local business changes announced in the fourth quarter of 2015, as well as the notable expansion and construction taking place in Wichita's transportation, warehousing and utilities industries.

See the full report.

2015 Fourth Quarter Wichita Industry News and Developments

Industry DevelopmentsReview major industry announcements by industry sector from 2015 and an overview of statistical trends within each sector for the fourth quarter. Industry news is presented for industries such as mining and construction, manufacturing, wholesale and retail trade, transportation, information services, and leisure and hospitality, among others.

Access the full report.

Access the industry employment slides.

Contact Us

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

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2016 Media Citations

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

City OKs new IRBs for Spirit AeroSystems
Wichita Business Journal
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Kansas Seeing More Startups, But Little Job Growth
KMUW
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Wichita State study: New Kansas businesses add few workers
Wichita Eagle
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Tax Abatements: A Boon For The City, Or Not Worth The Cost?
KMUW
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Rose Hill considers tax abatement amid dire budget situation
Derby Informer
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County's future depends on the outlook today
The Marysville Advocate
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National article questions depth of Wichita's aerospace job pool
KSN
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Population here predicted to drop
The Marysville Advocate
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In Kansas, managers' income gains nearly match farm, telecom worker losses
Wichita Eagle
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Brownback 'experiment' falling flat
Hutchinson News
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Kansas' litany of grim realities
The Garden City Telegram
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Kansas loses jobs in Februrary for first time since 2011, according to state survey
Wichita Eagle
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Mark Peterson: Kansas must change or even more will leave
Wichita Eagle
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Your wake-up call for the day, or maybe the year 
High Plains/Midwest Ag Journal
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As Bombardier cuts jobs, the rest of the Wichita aviation market could stabilize
KSN
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Yael T. Abouhalkah: Think Johnson County is crowded now? Wait until it hits 1 million people
Kansas City Star
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WSU study: Kansas population forecasted to transfer to metro areas
The Sunflower
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Graduate student's research helps WSU develop state population forecast
Wichita State News
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Code red for rural hospitals
Hillsboro Star-Journal
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School data shows drop in child homelessness
Topeka Capital-Journal
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County population to increase
The Morning Sun
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Report: Kansas Sees Give Percent Growth In Business
KMUW
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County expected to shrink over time
The Kansan
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Forecast: Elderly Population to Double, Outnumber Children
WIBW
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Kansans in 50 years will be mostly urban, mostly older
WIchita Business Journal
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(AP) Forecast: Elderly Population To Double, Outnumber Children
WOW! 6 News
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(AP) Forecast: Elderly Population To Double, Outnumber Children
KAKE
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(AP) Forecast: Elderly Population To Double, Outnumber Children
KMUW
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(AP) Forecast: Elderly Population To Double, Outnumber Children
KSNT
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(AP) Forecast: Elderly Population To Double, Outnumber Children
KWCH
____________

(AP) Forecast: Elderly Population To Double, Outnumber Children
Lawrence Journal-World
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(AP) Forecast: Elderly Population To Double, Outnumber Children
NTV
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(AP) Kansas elderly population to double
Parson Sun
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(AP) Kansas elderly population to double, outnumber children, forecast predicts
Shawnee Dispatch
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(AP) Kansas elderly population to double, outnumber children, forecast predicts
Tonganoxie Mirror
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(AP) Study: Kansas Elderly Population To Double, Outnumber Children
News on 6
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(AP) Study: Kansas elderly population to double, outnumber kids
Argus Press
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(AP) Study: Kansas elderly population to double, outnumber kids
Bristol Herald
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(AP) Study: Kansas elderly population to double, outnumber kids
Brownsville Herald
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(AP) Study: Kansas elderly population to double, outnumber kids
Clay Center Dispatch
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(AP) Study: Kansas elderly population to double, outnumber kids
Daily Journal
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(AP) Study: Kansas elderly population to double, outnumber kids
Emporia Gazette
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(AP) Study: Kansas elderly population to double, outnumber kids
Greenfield Reporter
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(AP) Study: Kansas elderly population to double, outnumber kids
Hastings Tribune
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(AP) Study: Kansas elderly population to double, outnumber kids
Hutchinson News
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(AP) Study: Kansas elderly population to double, outnumber kids
Lebanon Daily Record
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(AP) Study: Kansas elderly population to double, outnumber kids
Odessa American
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(AP) Study: Kansas elderly population to double, outnumber kids
The Eagle (Bryan-College Station, TX)
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(AP) Study: Kansas elderly population to double, outnumber kids
The Monitor
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(AP) Study: Kansas elderly population to double, outnumber kids
The Republic (Columbus, Indiana)
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(AP) Study: Kansas elderly population to double, outnumber kids
Valley Morning Star
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(AP) WSU Forecast: Elderly population to double, outnumber children
KSN
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Guess where nearly a third of Kansans will live in 2064
Kansas City Business Journal
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Kansas' aging population expected to double
KSN
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Kansas population forecast released by Wichita State
Wichita State News
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Kansas population forecast shows aging population
KWCH
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Kansas population forecast to hit 3.5 million by 2064, Wichita State study says
Topeka Capital-Journal
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Slow population growth projected in Kansas over next 50 years, study finds
Wichita Eagle
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State population predicted to rise over 50 years
Garden City Telegram
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Study shows continuing population declines
Hays Daily
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Study: In 50 years Kansas population will be much older, more urban (+video)
Wichita Eagle
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Study: Kansas population expected to increase
KWCH
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Surprising numbers in latest Kansas population forecast (VIDEO)
Hays Post
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Surprising numbers in latest Kansas population forecast (VIDEO)
Salina Post
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Play together or pay dearly
Peabody Gazette-Bulletin
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As percentage of homeowners falls, Wichita looks to more mobile future (+video)
Wichita Eagle