Report: Kansas Economy Ranks 46th In Nation
Data recently released in the Washington, D.C.-based publication State Policy Reports puts Kansas in close-to-last place when it comes to state economies. Kansas is ranked 46th when compared to other states and the District of Columbia.
The Index of State Economic Momentum ranks states based on their most recent performance in three key measures of economic vitality: personal income growth, employment growth and population growth. Utah was at the top of the list, and North Dakota was at the very bottom.
Kansas’ ranking puts it just five spots away from having the worst-ranked economy in the nation.
Other findings show that states that are reliant on natural resources consistently rank lower; Wyoming, Oklahoma and New Mexico all fell in the bottom 10.
A decline in global prices for agricultural commodities has caused farming to struggle, leading to low rankings for Iowa, Nebraska and Kansas.
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