Economy
Posted April 25, 2024 A new report from real estate company Redfin shows buying a home in the U.S. now costs more than ever following rates for an average 30-year fixed mortgage surpasses 7 percent. The median U.S. home sale…
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Posted April 22, 2024 Clay and Platte County’s presiding commissioners issued a joint letter to Kansas City Mayor Quinton Lucas, asking him to rescind his plan to allow migrants from New York into Kansas City for sanctuary. The joint statement…
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Posted April 18, 2024 The Federal Reserve Board released the Beige Book for April, showing slight economic growth in the Tenth District while community and regional banking activity remained nearly unchanged. The Tenth District, or the Federal Reserve Bank of…
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Posted April 8, 2024 Research at The University of Kansas capped out at a record $368.6 million in 2023 across all campuses, allowing the institute to make a $1.2 billion impact on the U.S. economy. In 2023, research funding at…
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Posted March 28, 2024 The Kansas House of Representatives voted unanimously to approve a bill that would restructure state income, sales and property taxes for Kansans. On Tuesday, Kansas Democrats and Republicans voted 123-0 on Senate Bill 300. The bill…
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Posted April 1, 2024 The Kansas City Council approved the 2024-2025 fiscal budget of $2.3 billion which will see salary increases for law enforcement, city government and non-union employees. On Thursday, city officials announced the new fiscal year budget for…
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Posted April 1, 2024 Creighton University released its Mid-America Business Conditions Index for March and shows the region has not broken the growth threshold and the manufacturing sector is losing more workers. The Business Conditions Index, which uses the same…
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Posted March 18, 2024 A study from SmartAsset shows the required salary to live comfortably in Kansas City is around $90,000 for a single adult. For a single adult in Kansas City, Missouri, the required salary to live comfortably is…
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The Federal Reserve Board released its Beige Book report for February indicating economic activity in the Tenth District was pacing at stable conditions but new commercial real estate development has all but ceased. While demand for credit remained stable across…
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A study from Rent.com shows Kansas City rent prices have increased more than 7 percent year-over-year and Missouri’s rent growth leads nationally. From January 2023 to January 2024, rent prices rose by 1.13 percent, from $1,942 to $1,964. However, the…
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