Kansas


Banks pull in $60B in Q4

Yearly income was down by more than a third compared to 2019 numbers, according to the latest FDIC numbers, although banks pulled in almost $60 billion in net income last quarter, up 9.1 percent, largely on reduced loan loss provisions.… more

Total bankruptcy filings drop nearly 50 percent in third week of February compared to one year ago

Total filings were down by nearly 50 percent during the third week of February compared to the same week last year, according to a report from the American Bankruptcy Institute. Once again, the largest decline involved Chapter 13 filings, which… more

In a Nutshell

Recently Eurostat announced that eurozone GDP contracted at an annual pace of 2.8% during the fourth quarter and 6.8% for all of 2020.  By comparison the U.S. economy grew at a preliminary annual pace of 4% during the fourth quarter, while declining… more

Jobless claims make notable drop

In the week ending February 20, the advance figure for seasonally adjusted initial claims was 730,000, a decrease of 111,000 from the previous week's revised level. The previous week's level was revised down by 20,000 from 861,000 to 841,000. The… more

Missouri, Kansas receive $140.7M combined in housing grants

Missouri and Kansas communities have received a boost in funding to assist with housing and other related needs to communities state-wide. The U.S. Department of Housing and Urban Development (HUD) announced $100,489,419 has been granted to local programs in Missouri… more

Coping with COVID: Kansas grants temporary authorization to more vaccinators across state

Governor Laura Kelly issued an executive order Tuesday allowing temporary authorization for additional vaccinators during Kansas’ state of disaster emergency. “We must use every tool in our arsenal to vaccinate Kansans as quickly and efficiently as possible,” Kelly said. “While there… more

Former KCK Schlitterbahn to become $330M sports complex

Homefield Development plans to build an amateur sports resort where the Schlitterbahn Waterpark once stood. Demolition is underway at the site just east of Interstate 435 and State Avenue in Wyandotte County, Kansas. The business of youth sports is already… more

Case-Shiller report shows 10.4 percent rise in home prices

December is usually the slowest month for the housing market, but price gains didn’t slow down one bit in 2020. In fact, they rose at the fastest pace in seven years. Home prices nationally increased 10.4% compared with December 2019,… more

Missouri awarded $38.7M for public housing, Kansas $19.1M

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Kansas to begin search for new unemployment system following prolonged problems with site

Kansas Gov. Laura Kelly said the state is beginning the process of looking for a new unemployment system followed continued issues with the site. Since the start of COVID-19, the Kansas Department of Labor has had issues with the system,… more