Wichita economy shrinks

The Wichita-area economy was smaller in 2016 than the year before.

The Wichita MSA economy produced fewer goods and services in 2016 than in 2015, according to data from the Bureau of Economic Analysis, which is part of the U.S. Department of Commerce.

In real (inflation-adjusted) dollars, the Wichita metropolitan area gross domestic product fell by 1.4 percent. For all metropolitan areas, GDP grew by 1.7 percent.

Since 2001, GDP for all metropolitan areas grew by 29.3 percent, while Wichita had 12.3 percent growth.

Wichita and US GDP. Click for larger.

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