Wichita personal income up, a little

For 2016, personal income in Wichita rose, but is still below 2014 levels.

The Bureau of Economic Analysis, an agency of the United States Department of Commerce, has released personal income figures for metropolitan areas through 2016. For the Wichita metropolitan statistical area, personal income in 2016 rose slightly from 2015 level, but is still below the 2014 level. In real (inflation-adjusted) dollars, personal income fell in 2016.

Click for larger.

The trend in personal income mirrors that of the Wichita-area GDP, which is the value of goods and services produced. That fell in 2016. 1

To access an interactive visualization of personal income for all metropolitan areas, click here.

Example from the visualization. Click for larger.


Notes

  1. Weeks, Bob. Wichita economy shrinks. Available at https://wichitaliberty.org/economics/wichita-economy-shrinks/.

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