Kansas has topped the nation for economic growth. Data released by the Bureau of Economic Analysis put Kansas in the top slot for the fastest economic growth rate in the U. S. with Kansas’ economy growing by 9.7% in the third quarter. The figures improve on Kansas’ second quarter when it had the second-fastest growth rate with 7.4%
A press release from the Office of the Governor attributed the administration’s work supporting agriculture, forestry, fishing and hunting industries with driving growth. According to the press release, those industries decreased nationally while being leading factors for growth in Kansas. Farming growth decreased in 41 states across the nation but was a leading contributor to increased earnings in Kansas. In Kansas, personal income growth was also among the highest in the nation with 4.9%. Kansas had a three-way-tie in wage growth for second place with Connecticut and South Carolina.
