Skip Navigation
 

Notices

Governor Kelly Announces $14M Capital Investment Creating 110 Jobs in Wellington Governor Laura Kelly announced today that Elite Harness is investing $14 million, creating 110 new jobs, in Wellington. Elite Harness will refurbish an existing facility into a 50,000-square-foot state-of-the-art manufacturing plant. Commerce Announces $4.1M Available in Tax Credits Program Lieutenant Governor and Secretary of Commerce David Toland today announced $4.1 million in tax credits once again will be made available under the Kansas Department of Commerce’s Community Service Tax Credit Program (CSP). Commerce Grants Available for Rural Mural and Public Art Projects The Kansas Department of Commerce today announced a total of $75,000 is available for a new round of Rural Mural and Public Art program funding. The program helps rural communities design engaging new art that improves the local aesthetic – making the community more appealing not only for those who live there but for potential new businesses and residents as well. Kansas awarded nearly $1 million from USDA to assist with rural digital divide The Kansas Office of Broadband Development (KOBD) has been awarded nearly $1 million from the U.S. Department of Agriculture’s Rural Utilities Service through its new Broadband Technical Assistance (BTA) grant program. The $997,000 grant will fund pre-engineering design studies in six rural Kansas counties to help reduce costs and identify avoidable barriers as broadband is deployed there. View All

Menu

Business Regions Made in Kansas Our Department Publications Initiatives & Incentives Transparency Database About Us Notices Contact
Back
Back

Kansas Tops Nation in Economic Growth Over Fall 2023 

Dec 27, 2023

Share this post:

~Kansas’ Economic Growth Was #1 in the Nation in the 3rd Quarter of 2023, #2 in the Nation in the 2nd Quarter~

TOPEKA – Governor Laura Kelly today celebrated that, according to data released by the Bureau of Economic Analysis (BEA), the Kansas economy grew by 9.7% in the 3rd quarter of 2023 — the fastest rate in the nation. This improves on an already impressive record of economic growth; in the 2nd quarter of 2023, Kansas’ economy grew at the second-fastest rate in the nation at 7.4%.  

“This data shows that our efforts to support businesses, create a stable economy, and grow our workforce are paying off,” Governor Laura Kelly said. “Now, Kansas is outstripping the entire nation in economic growth and attracting business investment. Last week, I announced Kansas surpassed $18 billion in business investment since I took office in 2019. It’s clear we have the momentum to continue this trajectory of economic success into 2024 and beyond.” 

The Kelly Administration’s work to support the agriculture, forestry, fishing, and hunting industries helped drive this economic growth. While those industries decreased nationally and in 33 other states, they were leading contributors to growth in Kansas. 

Kansas also ranked third in the nation for growth in personal income, with personal income growing at 4.9% over the 3rd quarter of 2023. Farming, which decreased nationally and in 41 other states, was the leading contributor to the increased earnings in Kansas. 

Kansas’ economic growth is measured by the change in its real gross domestic product (GDP), or the market value of goods and services produced in the state. The second quarter of 2023 included April through June; the third quarter included July through September.


en_USEnglish