The Kansas economy added fewer jobs than normal in April, but the unemployment rate still ticked down to 3.8 percent.
Members of Lawrence’s Economic Development Council voiced concerns Monday to the major changes, prompted by the City Commission, to incentives the city provides for new developments and incoming businesses.
Skepticism about how Lawrence is using its economic development incentives has been raised in City Commission conversations on a few recent projects: The Eldridge hotel expansion, HERE Kansas and an apartment development at 800 New Hampshire St. Now, the City Commission’s acceptance Tuesday of a report detailing Lawrence’s economic development incentive work in 2015 will kick-start a review — and potential changes — to policies that govern those incentives.
Revenues flowing into the state’s coffers during the month of March fell only $1.7 million short of the official estimates, a much better performance than the state has seen in several months, according to the Kansas Department of Revenue.
Figures from a survey of supply managers in nine Midwest and Plains states have risen for the third month in a row, according to a report released Friday, suggesting more improvement in the regional economy.
A survey shows some bankers had a dire view of the rural economy in their 10 Western and Plains states.
Tax revenues flowing into the state’s coffers fell $27 million below expectations in December, creating a risk that the state may not be able to fully fund its budget for the rest of this fiscal year.
The economy continues to slow in nine Midwestern and Plains states because crop and energy prices remain low and the strong dollar is hurting exports, according to a survey released Monday.
Kansas jobless rate falls to 4.1 percent in October; overall growth much slower than national average
Kansas added 2,500 nonfarm jobs in October, which pushed the state's unemployment rate down to 4.1 percent, the lowest level since June 2001. But overall job growth over the last year has been a modest 1.2 percent, much slower than the national average. By Peter Hancock
Bankers continue to predict the economy will slow in the months ahead in rural parts of 10 Western and Plains states.