Salina, KS

Now: 79 °

Currently: Clouds

Hi: 91 ° | Lo: 75 °

BREAKING NEWS

Kansas Economy Lagging Behind Rest of Country

KSAL StaffOctober 1, 2015

A Wichita State University business research center report says the Kansas economy is growing far slower than the rest of the nation.

The report released Thursday by the Center for Economic Development and Business Research forecasts sluggish growth for the state next year.

The center’s own director, Jeremy Hill, says employment nationwide increased by 2.1 percent the past 12 months, while Kansas employment increased by less than 1 percent, or 0.9 percent. The report forecasts Kansas employment next year to grow 1.4 percent. If realized, that would mean 19,958 jobs.

Hill attributed the slow growth to problems in the agriculture, oil and manufacturing industries. Wages for 80 percent of workers have shown no real growth, hurting the retail industry.

 

Copyright © Meridian Media, 2021. All Rights Reserved. No part of this story may be reproduced without Meridian Media’s express consent.

CATEGORIES :



STAY IN TOUCH!

GET OUR APP!

LATEST POSTS

Street Fair Parade Entrie...
July 31, 2021Comments
Trash Cart Removal Thru N...
July 31, 2021Comments
Emergency Rental, Utility...
July 31, 2021Comments
121st Saline County COVID...
July 30, 2021Comments

LATEST TWEETS

Read all tweets