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Economy

Region Economy Remains Negative, Farmland Prices Index Drops

Posted January 18, 2024 Creighton University released its Rural Mainstreet Index (RMI) report for January, indicating moderate growth in the region but still failing to achieve an above-average rating. The region’s overall reading for January rose to 48.1 from 41.7… more

Fed Beige Book: Interest Rates Leads To Weak Loan Demand for Banks

Posted January 18, 2024 The Federal Reserve Board released its first Beige Book report of 2024, showing the Kansas City region’s consumer spending decreased across several categories and weak loan demand for multiple loan types. The Beige Book is a… more

Report: Kansas City, Overland Park Among Best Cities for Renters

Posted January 15, 2024 As the housing market continues to challenge those looking for a comfortable place to live, Kansas City is becoming more popular for individuals looking to rent, according to a report from RentCafe.com. The site released its… more

Analysis: How Long Will $1M in Retirement Savings Last in KS and MO

Posted January 10, 2024 Midwest states like Kansas and Missouri are among the top states where retirees with $1 million saved could get the most for their money, according to an analysis from GoBankingRates. The financial planning website used the… more

Jackson County Leaders Pass Chiefs, Royals Stadium Tax For April Ballot

Posted January 9, 2024 The Jackson County Legislature voted to place a stadium sales tax extension on the April ballot. Voters will decide whether or not to approve a 3/8th cent sales tax for 40 years with the Kansas City… more

Chiefs, Royals Announce Commitment to Jackson County if Sales Tax is Approved

Posted January 8, 2024 The Kansas City Royals and Kansas City Chiefs released a joint statement Friday saying the two franchises are committed to remaining in Jackson County if the 3/8-cent sales tax is approved in April. In addition to… more

Regions Manufacturing Index Shows Rise in Conditions, Supply Managers Expect Recession

Posted on January 2, 2024 Updated 2:00 p.m., March 1, 2024 Creighton University released its Mid-America Business Conditions Index which shows a positive rise in the region's business conditions but many supply managers still see a recession looming in 2024.… more

Kansas Enters New Year With No Minimum Wage Increases

Posted on January 2, 2024 The state of Missouri announced it will be raising its minimum wage for workers in November, a boost for Missourians who are heading back to work for the new year, however, Kansans have yet to… more

U.S. Economy Faces $117B Mortgage Debt in 2024, Owners Struggle to Refinance

Posted on January 2, 2024 The U.S. is facing more than $100 billion in mortgage debt in 2024 as loans on vacant office buildings and a higher defaulting rate could hurt the economy. About $117 billion is expected to be… more

Kansas Ranks Top in Nation For Economic Growth in Q3

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… more