For September 2022, Kansas tax revenue was 9.6 percent higher than September 2021. Collections for fiscal year 2023 are 4.4 percent greater than the prior year. (more…)
In the second quarter of 2022, the Kansas economy contracted at the annual rate of 2.5 percent. Gross Domestic Product fell in 40 states, with Kansas ranking forty-third. (more…)
For the Wichita metropolitan area in August 2022, the unemployment rate was unchanged, while the labor force and the number of jobs fell slightly from the previous month. (more…)
In Kansas for August 2022, the labor force fell slightly, the number of people working fell, and the unemployment rate rose slightly, all compared to the previous month. Over the year, only Mississippi had slower job growth. (more…)
A misunderstand of Consumer Price Index weightings leads to accusations of our government abusing us. After today's release of the Consumer Price Index for August, I received this email message from a friend: "In order to give the statistical appearance of things being better than they are, the BLS is going to reset their weighting for the CPI to only compare against 2021. This is being done with purpose to give the illusion next year that things are not as bad. 2021 was when Joe Biden’s inflation policies first surfaced. By comparing consumer prices to the timing when those prices…