Kansas economy

www.tradingacademy.com/ / OTA Photos, Flickr

The Kansas budget has been in the national spotlight ever since Governor Sam Brownback signed dramatic tax cuts into law in 2012. Over the past several months, tax revenue has been coming in at lower levels than the state projected. Not surprisingly, the two sides of the political spectrum view the resulting conundrum differently. 

Guests:

  • John Hanna, reporter, The Associated Press
  • David Trabert, Kansas Policy Institute
  • Duane Goossen, former Kansas budget director
Dan Verbeck / kcur

The world’s largest furniture business group IKEA has started construction at its newest site, along the I-35 corridor in Merriam, Kan.

The Swedish retailer is billing itself as a destination attraction and promises 300 permanent jobs.

Five hundred construction jobs are expected in the 18 months to build the complex.

Company officials say further that retail employees working over 20 hours a week get full-time benefits, 401(k) matching and paid vacation.

www.wichita.edu

A new report projects an increase in the rate of job growth in Kansas this year. There are some economic forces that could temper that growth in the future.

The report from Wichita State University Center for Economic Development and Business Research projects modest job growth in Kansas this year. It’s driven partially by the energy, construction and services sectors.