Bureau of Economic Analysis

Kansas GDP

Kansas GDP

In the third quarter of 2018, the Kansas economy grew at the annual rate of 2.3 percent, down from 4.7 percent the previous quarter. In the third quarter of 2018, the Kansas economy grew at the annual rate of 2.3 percent in real (inflation-adjusted) dollars, according to statistics released today by Bureau of Economic Analysis, a division of the United States Department of Commerce. GDP for the quarter was at the annual rate of $165,415 million. The rate of 2.3 percent ranked thirty-eighth among the states. In the second quarter of 2018, Kansas GDP was seventh-best in the country. Quarterly…
Read More
Kansas GDP growth spurt

Kansas GDP growth spurt

In the second quarter of 2018, the Kansas economy grew at the annual rate of 4.7 percent, the seventh-best rate in the nation. In the second quarter of 2018, the Kansas economy grew at the annual rate of 4.7 percent in real (inflation-adjusted) dollars, according to statistics released today by Bureau of Economic Analysis, a division of the United States Department of Commerce. GDP for the quarter was at the annual rate of $164,018 million. This is a sharp jump in the rate of growth from the first quarter of 2018, when the rate was 0.5 percent, with only three…
Read More
Kansas GDP growth slows

Kansas GDP growth slows

In the first quarter of 2018, the Kansas economy grew at the annual rate of 0.5 percent in real terms, slowing from the previous quarter. In the first quarter of 2018, the Kansas economy grew at the annual rate of 0.5 percent in real (inflation-adjusted) dollars, according to statistics released today by Bureau of Economic Analysis, a division of the United States Department of Commerce. GDP for the quarter was at the annual rate of $161,551 million. This is a decline in the rate of growth from the fourth quarter of 2017, when the rate was 2.3 percent. The first…
Read More
Personal income in Kansas and Wichita

Personal income in Kansas and Wichita

Personal income in Wichita and Kansas has declined. Today the Bureau of Economic Analysis, an agency of the United States Department of Commerce, released real personal income for the states and metropolitan areas. [1. Bureau of Economic Analysis. Real Personal Income for States and Metropolitan Areas, 2016. Available at https://www.bea.gov/newsreleases/regional/rpp/2018/pdf/rpp0518.pdf.] The data released today is through the complete year 2016. For the state of Kansas, real personal income declined from $137,975 million in 2015 to $137,307 in 2016, a decline of 0.5 percent. For the entire country, the growth was 1.1 percent. Among the states and DC, Kansas ranked forty-fifth…
Read More