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Kansas Ranks Top in Nation For Economic Growth in Q3

Data from the Bureau of Economic Analysis show Kansas ranked first in overall GDP growth for the third quarter.

Posted December 28, 2023

Kansas was the top state in the nation in economic growth for the third quarter of 2023, according to the federal Bureau of Economic Analysis.

Kansas grew the fastest with a 9.7 percent rate. Kansas’ economy grew the second-fastest in the nation with a 7.4 percent rate for the second quarter.

Missouri’s economic growth for the third quarter reached just 4 percent by comparison.

“This data shows that our efforts to support businesses, create a stable economy, and grow our workforce are paying off,” Kansas Gov. Laura Kelly said. “Now, Kansas is outstripping the entire nation in economic growth and attracting business investment. Last week, I announced Kansas surpassed $18 billion in business investment since I took office in 2019. It’s clear we have the momentum to continue this trajectory of economic success into 2024 and beyond.”

Also in the third quarter Kansas placed third in the nation for growth in personal income, with a rate of 4.9 percent.

Real gross domestic product increased in all 50 states and the District of Columbia in the third quarter, according to the BEA.