1. Outlook
Jeremy Hill

2. US Economy
The US economy is showing some resilience in recent months. Despite the following:
Political pressure
Decreased investment
Global pressures
A recession is looming and clarity of the economy in next six months is fading.
Source: Dismal - BEA, BLS

3. Employment growth in Kansas and Wichita have fallen behind that of the US.
Source: BLS, CES

4. Growth in Wichita and Kansas has slowed compared to the US
The US economy continues to grow despite being “long in the tooth” and weaknesses in the global economy
Growth in Wichita and Kansas has slowed compared to the US
Oil and gas
Agriculture
Manufacturing – Farm equipment and aerospace

5. Industry Concentration - 2015
Source: BLS, LQ

7. Structure of the economy
Kansas and Sedgwick County are both highly concentrated in manufacturing
Core industry sectors continue to weaken the state and regional economies

8. Population Growth
Source: ESRI –

13. The retired population will surpass the youth population by 2034.

15. Over-65 Population

16. Shifting landscape
Limited labor supply means limited potential growth.
There will be an increasing interdependence with the Metro and Micropolitan communities and the rural parts of the state.
The state and rural areas have a higher dependence on working populations.
Tax structures today may not fit demand for public services in the future.