According to Dan Mitchell, “First, we made a lot of fiscal progress between 2009 and 2014 because various battles over debt limits, shutdowns, and sequestration actually did result in real spending discipline.” Couple that with some (slow) growth in the economy, and as a result, federal spending as a percentage of GDP has declined.
- Bob WeeksOctober 6, 2022For the second quarter of 2022, Kansas personal income grew at the annual rate of 5.1 percent, ranking thirty-second among the states. (more…)
- Bob WeeksSeptember 30, 2022In 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&he...
- Bob WeeksSeptember 29, 2022For 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&he...
- Bob WeeksSeptember 24, 2022Employment in large counties, including Sedgwick County and others of interest. (more…)
- Bob WeeksSeptember 18, 2022For both business applications and business formations, Kansas does better than some states, but lags many states and the nation. (more…)