Bureau of Economic Analysis

Kansas GDP

Kansas GDP

In the third quarter of 2020, the Kansas economy grew at the annual rate of 34.3 percent, compared to contraction of 30.6 percent in the previous quarter. GDP grew in all states, with Kansas performing in the middle. In the third quarter of 2020, the Kansas economy grew at the annual rate of 34.3 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. This large growth overcomes the contraction of 30.3 percent in the second quarter. This pattern of large growth in the third quarter…
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Kansas GDP

Kansas GDP

In the second quarter of 2020, the Kansas economy contracted at the annual rate of 30.3 percent, compared to contraction of 3.5 percent in the previous quarter. While GDP fell in all states, Kansas performed better than most, ranking nineteenth. In the second quarter of 2020, the Kansas economy contracted at the annual rate of 30.3 percent in real (inflation-adjusted) dollars, according to statistics released Friday by Bureau of Economic Analysis, a division of the United States Department of Commerce. GDP for the quarter was at the annual rate of $161,464 million in current dollars, down from $177,917 the previous…
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Kansas GDP

Kansas GDP

In the first quarter of 2020, the Kansas economy contracted at the annual rate of 3.1 percent, compared to 2.1 percent growth in the previous quarter. While GDP fell in all states, Kansas performed relatively well, with only four states contracting less. In the first quarter of 2020, the Kansas economy contracted at the annual rate of 3.1 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 $175,124 million. The first quarter consists of the…
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Kansas GDP

Kansas GDP

In 2019, the Kansas economy grew at the annual rate of 0.9 percent, down from 2.1 percent the previous year, and ranked forty-fifth among the states. In the fourth quarter of 2019, the Kansas economy grew at the annual rate of 2.1 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 $175,703 million. (Click charts and tables for larger versions.) The Kansas rate of 2.1 percent ranked twenty-seventh among the states and was the same…
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Kansas GDP

Kansas GDP

In the second quarter of 2019, the Kansas economy grew at the annual rate of 2.2 percent, up from a revised -1.1 percent the previous quarter. In the second quarter of 2019, the Kansas economy grew at the annual rate of 2.2 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 $172,538 million. The Kansas rate of 2.2 percent ranked fifteenth among the states and was higher than the national rate of 2.0 percent. The…
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Kansas GDP

Kansas GDP

In the first quarter of 2019, the Kansas economy grew at the annual rate of 3.1 percent, up from 0.9 percent the previous quarter. In the first quarter of 2019, the Kansas economy grew at the annual rate of 3.1 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 $171,215 million. The rate of 3.1 percent ranked twentieth among the states and matched the rate for the entire nation. Quarterly GDP growth for states can…
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Kansas GDP

Kansas GDP

In the fourth quarter of 2018, the Kansas economy grew at the annual rate of 0.9 percent, down from 1.2 percent the previous quarter. In the fourth quarter of 2018, the Kansas economy grew at the annual rate of 0.9 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 $169,558 million. The rate of 0.9 percent ranked forty-fifth among the states. Quarterly GDP growth for states can be volatile, as shown in the nearby chart.…
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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…
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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…
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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…
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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…
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