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Kansas
For the month of October 2009, reported November 2, 2009
The leading economic indicator for Kansas from a monthly survey of supply managers was unchanged from September. The October Business Conditions index stood at 50.0. Components of October’s overall index were new orders at 52.0, production at 60.1, delivery lead time at 48.9, employment at 57.3, and inventories at 44.3. Since the national recession began in December 2007, Kansas has lost 3.9 percent of its jobs with the full loss occurring since October 2008. “Even though the Kansas unemployment rate has dipped slightly, based on our surveys over the past several months, I expect the state’s jobless rate to increase by another 0.5 percent by the end of the year,” said Goss.