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Economy

Garmin Quarter Strong in Face of COVID-19

Garmin was a rare bright spot in public-company earnings during its first quarter despite an economy challenged by COVID-19. The Olathe-based GPS-device maker saw earnings per share rise 25 percent quarter over quarter, while revenues were up 17 percent year… more

UMB Posts Rare Quarterly Loss

UMB Financial Corp. reported a loss of $3.4 million during its first quarter, a sharp contrast from its other recent financial periods. During last year's fourth quarter, the bank's earnings were $66.5 million, and it brought it $57.7 million over… more

Missouri March Home Sales Plunge

Missouri home sales plunged 19.4 percent year over year in March, with just over 6,200 homes sold throughout the state, according to Missouri Realtors. However, the average sales price increased from $192,329 to $205,035, a 6,8-percent jump, though the total… more

Missouri Reopening Guidelines Released

Many parts of the State of Missouri will reopen next week, and it's going to be all about social distancing come May 4. Retail stores will be able to open their doors if people are at least six feet away… more

MO Extends State of Emergency, Planning Business Reopen

Today Missouri Gov. Mike Parson is expected to release details about the stay-at-home order expected to expire on May 4 and how businesses can reopen in phases in the state. The stay-at-home order is in place in Kansas City until… more

Major Retailers Call for Uniform Reopening Plans

Two of the biggest retail trade organizations are calling on governors to have a "mutually agreed upon blueprint" for reopening stores. The National Retail Federation and the Retail Industry Leaders Association are asking for states to follow CDC guidelines and… more

Consumer Confidence Plunges in April

Yet another economic report provided grim news in the wake of COVID-19's spread. The University of Michigan's Index of Consumer Sentiment has come in at 71.8 for the month, down 26.1 percent year over year and 19.4 percent month over… more

Physicans: ‘More Work to Do’ With COVID-19

Heading into the final full week of stay-at-home directives from the state and from local governments in Kansas, physicians at the University of Kansas Hospital said today that public efforts to prevent the spread of the COVID-19 pandemic here had… more

KCK Residents See High Stimulus Payment Percentage

Just over 92 percent of Kansas City, Kan., residents will be receiving, or have received, stimulus checks, making it the ninth-highest municipal rate in the country. In addition to the individual residents, just under 97 percent of households in Kansas… more

KC Fed Manufacturing Survey Hits Record Low

The Federal Reserve Bank of Kansas City's month manufacturing survey examining the region had its lowest reading in its history since launching in 1994. “Regional factory activity continued to decline in April, with our composite index falling to the lowest… more