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Economy

Study: Kansas City, MO Ranks 9th Best Large City for Economic Growth

Posted July 18, 2024 A study from CoworkingCafe.com has identified the top U.S. cities that have achieved an economic boom in a post-pandemic world. The study, America’s Boomtowns: Top Cities for Economic Growth, found U.S. cities with the best economic… more

Region Economy Survey Shows Dwindling Farmland Prices

Posted May 20, 2024 Creighton University released its Rural Mainstreet Index (RMI) report for April, showing a dip into negative territory for the ninth month in a row. The region’s overall reading for May fell to 44.2 from 45.8 in… more

Region Manufacturing Index Shows Job Losses Continue Amidst Inflation

Posted May 13, 2024 Creighton University released its Mid-America Business Conditions Index for April showing the highest recorded level since September 2023, however, the manufacturing sector continues to lose jobs month over month. The Business Conditions Index, which uses the… more

Report: The Cost of Buying a Home Reaches All-Time High in U.S.

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… more

Clay, Platte County Commissioners Asks Quinton Lucas to Withdraw Plan Allowing Migrants in KC

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… more

Fed Beige Book: Labor Market Rises, Loan Demand Remains Unchanged

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… more

KU Research Funding Soars in 2023, Contributes $1.2B into U.S. Economy

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… more

Kansas House Unanimously Approves Bill That Could Slash Income Tax Rates

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… more

KCMO’s $2.3B Fiscal Budget Increases Pay for Police, City Employees

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… more

Region Manufacturing Index Shows Fewer Job Openings, Third Straight Month

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… more