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Economy


Increased Electric Vehicle Demand, $40M To Help Kansas EV Infrastructure

Posted August 17, 2023 Kansas residents who drive electric vehicles are in demand of more fueling stations and the demand will only continue to grow, however, plans are in place to remedy the situation. Tami Alexander—transportation electrification manager with the… more

Home Sales Surge; Prices Back on Upswing

Prospective home buyers seem to have adjusted to rising interest rates, as fresh Census data showed that new home sales in May rose 12.2 percent month-over-month. Home builder confidence has been increasing over the past few months, and for good… more

New Refrigerated Warehouses Planned

Kansas City’s logistics scene has been red-hot for a long time, but there will soon be a chill in the air. No, not because things are slowing down; it’s coming from a new collaboration between Canadian Pacific Kansas City and… more

New Additions Push Homefield Cost To $838 Million

Development costs for the Homefield Sports Complex have risen due to proposed additions to the project, including a golf course, multi-use area and interactive museum.  The Kansas City, Kansas project, formerly the Schlitterbahn water park property, previously held a total… more

Q&A with Roberta Rowland

As a result of the pandemic, the workforce in the United States has been in flux. As the talent shortage continues, we spoke with the Director of Business Services at Workforce Partnership, Roberta Rowland to give insight as to what… more

Kansas and Missouri Unemployment at a Standstill Following April Labor Market Reports

Unemployment rates for both Kansas and Missouri have remained unchanged as seen in their respective labor market reports for April 2023. The Kansas seasonally adjusted unemployment rate remains at 2.9 percent in April, while Missouri remains at 2.5 percent.  … more

Liquidity Concerns Deepen for Regional Bankers

A new report assessing trends in regional banking shows that community banks continued to be hammered as consumers, spooked by recent failures of large national banks, continue to withdraw deposits. For a second straight month, checking deposits decreased to a… more

PayIt Extends Reach in GovTech Space

Kansas City financial tech company PayIt, which provides payment-processing services for state and local governments, has reached an agreement to acquire a Nashville company that delivers similar services for licensing and permitting functions of recreational activities like hunting and fishing.… more

Buckingham’s Local Footprint Widens

Buckingham Strategic Wealth, LLC announced Friday, May 18 it will acquire Madison Wealth Advisors, LLC with the merger set to complete in the third quarter of 2023. Madison Wealth Advisors is a registered investment adviser based in Lee's Summit, MO.… more

Survey: U.S. Workers Believe They’re Underpaid

The ADP Research Institute has released results of a global survey of workplaces, and nearly half of American workers who responded believe they are underpaid. Three-fourths of them, however, are optimistic that they will receive raises this year. The institute,… more