A recent report released by the Bureau of Economic Analysis shows Kansas ranks fourth in the nation for personal income growth and seventh in the nation for economic growth in the 1st quarter of 2023.
Kansas’ real gross domestic product, or the market value of goods and services produced in the state, grew by 6.0% from the fourth quarter of 2022 when adjusted for inflation, triple the national average of 2.0%. Personal income in Kansas grew by 8.4% over the same period, surpassing the national rate of 5.1%.
The report showed that agriculture, forestry, fishing, and hunting were the lead contributors to growth in states including Kansas.
The complete report from the BEA is available here.
