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The latest data shows that Kansas economic growth is lower than the US overall. In the 1st quarter of 2023, the real GDP growth rate for Kansas was 6.0% per year.
Economic Development (CDBG-ED) program is a source of financing for companies that are expanding an existing facility or starting a new operation in a non-metropolitan area of Kansas.
Overview of the Kansas Economy In 2022, the state of Kansas has a population of 2,939,861, having grown an annualized 0.2% over the five years to 2022, which ranks it 41st out of all 50 US states by growth rate. Kansas' gross state product (GSP) in 2022 reached $162.2b, with growth of 0.9% over the 5 years to 2022.
For the economic prosperity of Kansas, K-State will: Create new, high-paying jobs across the state. Bring investments into the state from across the country and around the world. Attract mature companies.
Kansas is currently ranked 30th in the United States for its economic outlook.
Overview of the Kansas Economy Kansas' gross state product (GSP) in 2022 reached $162.2b, with growth of 0.9% over the 5 years to 2022. Businesses in Kansas employed a total of 1,373,295 people in 2022, with average annual employment growth over the past five years of -0.1%.
Rich States Poor States: Kansas ranked 39th in economic performance - Kansas Policy Institute.
The employment sector, too, has seen consistent and above the natural rate of growth. By the end of 2023, Kansas is projected to add over 25,000 jobs, marking a growth rate of 1.8%.