October 25, 2018 Pattie Bradley Senior Research Economist Center for Economic Development and Business Research

Kansas Economic Trends Per Capita Personal Income Inflation Labor Force Unemployment Participation Migration Employment by Industry Inflation Income Labor Force

Kansas 2012-2016

Per Capita Personal Income The personal income divided by the resident population. wages and salaries, with supplements proprietors' income with inventory valuation capital consumption adjustments rental income dividend and interest income personal current transfer receipts less contributions for government social insurance Inflation Income Labor Force

Real Per Capita Personal Income 2012-2016 Source: Bureau of Economic Analysis, Inflation adjusted

Per Capita Personal Income 2012-2016 Source: Bureau of Economic Analysis, Inflation adjusted

Midwest 2013-2017

Midwest Inflation Rate The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. The Midwest region is comprised of Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin. Inflation Income Labor Force

Midwest Inflation Rate Source: Bureau of Labor Statistics

Kansas 2013-2017

Labor Force Trends Labor force is a measure of the people in an area that are economically active. This includes the employed and the unemployed Labor Force issues Unemployment Participation Migration Employment by Industry Inflation Income Labor Force

Labor Force Growth 2013-2017 Source: Bureau of Labor Statistics

Kansas Labor Force Growth 2013-2017 Source: Bureau of Labor Statistics

Labor Force Growth 2013-2017 Source: Bureau of Labor Statistics

Kansas 2013-2017

Kansas Unemployment Rate Source: Bureau of Labor Statistics

Kansas Employment and Unemployment Source: Bureau of Labor Statistics

Kansas 2013-2017

Kansas Population Growth 2010-2017 Source: U.S. Census Bureau

Source: U.S. Census Bureau Interstate Migration

Annual Average Interstate Migration 2013-2017 Source: U.S. Census Bureau

Kansas Net Migration 2016 Source: U.S. Census Bureau

Annual Average Interstate Migration 2013-2016 Source: U.S. Census Bureau

Kansas 2013-2017

Kansas Labor Force Participation Source: U.S. Census Bureau

Kansas Labor Force Participation 2013-2107 Male Female 16 to 19 years: 1.42% 6.40% 20 and 21 years: 3.50% -2.61% 22 to 24 years: 3.30% 3.66% 25 to 29 years: -0.87% 5.09% 30 to 34 years: 0.72% 0.03% 35 to 44 years: 0.83% -0.07% 45 to 54 years: 1.08% -0.74% 55 to 59 years: 1.36% -2.77% 60 and 61 years: -2.00% 0.92% 62 to 64 years: 0.35% 3.43% Source: U.S. Census Bureau

Kansas Labor Force Participation 2013-2017 Male Female 16 to 19 years: 1.42% 6.40% 20 and 21 years: 3.50% -2.61% 22 to 24 years: 3.30% 3.66% 25 to 29 years: -0.87% 5.09% 30 to 34 years: 0.72% 0.03% 35 to 44 years: 0.83% -0.07% 45 to 54 years: 1.08% -0.74% 55 to 59 years: 1.36% -2.77% 60 and 61 years: -2.00% 0.92% 62 to 64 years: 0.35% 3.43% Source: U.S. Census Bureau

Labor Force Participation 2013-2016 Source: U.S. Census Bureau

KANSAS 2013-2017

Source: Bureau of Labor Statistics Employment Growth 2013-2017

Kansas Major Industry Subsectors At least 15,000 employees Over $1 Billion in annual wages in 2017 Low wage, High employment High wage, Low employment 18 subsectors meet these criteria

Kansas Industry Shift Share 2013-2017 Increasing Market Share in a Contracting Industry Increasing Market Share in a Growing Industry Decreasing Market Share in a Contracting Industry Decreasing Market Share in a Growing Industry Source: Bureau of Labor Statistics

Decreasing Market Share - Contracting Industry Source: Bureau of Labor Statistics 2013-2017

Decreasing Market Share - Growing Industry Source: Bureau of Labor Statistics 2013-2017

Decreasing Market Share - Growing Industry Kansas Contracting, U.S. Growing Kansas Growing Slower than U.S. Transportation equipment mfg. Administrative services Insurance Specialty trade contractors Food services Ambulatory health care

Increasing Market Share Contracting Industry Source: Bureau of Labor Statistics 2013-2017

Increasing Market Share Contracting Industry U.S. Contracting, Kansas Growing Kansas Growing Faster than U.S. Machinery mfg. Hospitals Credit intermediation Wholesalers nondurable

Increasing Market Share Growing Industry Source: Bureau of Labor Statistics 2013-2017

Summary - Kansas Economic Trends Per Capita Personal Income- higher than the U.S., but growing more slowly Inflation remains below the national average with upward pressure Labor Force Unemployment low and declining Participation recent downward trend may be improving Large net out migrations in a few areas Employment not growing as fast as the national economy, but there are industries that are growing faster than the national economy

For additional information you may contact me at: (316) 978-5036 or Patricia.bradley@wichita.edu