Banking & Financial Services
There have been many economic factors contributing to our present extraordinary expansion. In the last several days of Wall Street reporting on financial indicators, one stands out as a dramatic example: March Retail Sales. The first signs of a spending…
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The city of Lenexa bypassed the Kansas Department of Transportation and instead requested about $600 million from the federal government to pay for the third phase of the Johnson County Gateway roads project. Funding has been requested to pay for…
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Many of my Wall Street colleagues recently shared concerns about proposed board diversity plans. Differences of opinion between those advocating for greater corporate diversity and those seeing it as an industry quota system have created tensions. Other arguments played out…
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Overland Park-based Replica experienced explosive revenue growth last year, and now it’s generating another win: raising $41 million in Series B funding. San Francisco-based venture capital firm Founders Fund led the round and was joined by existing investors such as…
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[caption id="attachment_34218" align="alignleft" width="438"] Missouri Department of Transportation graphic[/caption] A broad coalition of transportation stakeholders, including the Missouri Chamber of Commerce and Industry and the Missouri AFL-CIO, have released a new study analyzing the economic impacts of a proposed transportation…
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A launch is set to take place in the near future of the Restaurant Revitalization Fund through the Small Business Administration (SBA). Its upcoming start follows closely behind the rollout of the Shuttered Venue Operators Grant program (SVOG), which has…
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One of Kansas City's premier historic buildings soon could see a long-planned $182 million conversion to an Embassy Suites hotel begin after 13 years of vacancy. Delta Quad Holdings LLC seeks to build 284 hotel rooms, a parking garage with…
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Data from the Kansas City Financial Stress Index (KCFSI) shows the index edged up from -0.46 in February to -0.33 in March but remained below its historical average. The index is a monthly composite index of 11 variables reflecting stress…
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The second quarter of 2021 is off to a blazing start, with the S&P 500 Index pushing above 4,000 on the heels of President Biden's so-called infrastructure plan update. In the weeks or months ahead, the market focus may turn…
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Growth in the Tenth District economy accelerated in March, with most sectors expanding at a moderate pace. Consumer spending increased moderately as retail, restaurant, auto, and tourism sales rose. A quarter of consumer spending contacts reported that the pace of…
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