Wichita and peer GDP growth
Compared to its peers, the government sector in Wichita is growing fairly quickly, but the private sector is growing slowly. One of the benchmarks used by Visioneering Wichita to gauge the growth of the Wichita-area economy may not be the best measure, and its interpretation requires caution. The measure is per-capita personal income. Its presentation may be seen here. Some of the issues with per capita measures are explained by Dave Trabert of Kansas Policy Institute: Per-capita income is a bad measurement because it rewards cities that are losing people due to domestic migration and punishes those who are gaining.…