Kansas GDP falls

For 2017, the Kansas economy shrank, and just two states performed worse.

In 2017, the Kansas economy contracted by 0.1 percent in real (inflation-adjusted) dollars from 2016, according to statistics released today by Bureau of Economic Analysis, a division of the United States Department of Commerce. 1

This put Kansas in 48th position among the states, with only Connecticut and Louisiana posting lower numbers.

For the fourth quarter of 2017, Kansas GDP grew at an annual rate of 2.3 percent, slowing slightly from the third quarter rate of 3.8 percent. The rates of -6.1 percent and -0.3 percent in the first two quarters kept the state from showing overall growth in economic output for the year.

The nearby table shows change in GDP by industry, for Kansas, the nation, Plains states, and some comparison states.

Click for larger.


Notes

  1. U.S. Bureau of Economic Analysis. Gross Domestic Product by State: Fourth Quarter and Annual 2017. May 4, 2018. Available at https://www.bea.gov/newsreleases/regional/gdp_state/qgdpstate_newsrelease.htm.

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