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Index of Economic Indicators Shows Kansas Growth

The message from a major indicator of future economic growth is that economic growth in Kansas will improve in the next 6-months.

The economic indicator, which was created by the Federal Reserve Bank of Philadelphia, factors in such things as: state initial unemployment insurance claims, delivery times from the Institute for Supply Management manufacturing survey, and the interest rate spread between the 10-year Treasury bond and the 3-month Treasury bill.

The index shows Kansas improving, not only in comparison to past values, but also compared to the national value and values for surrounding states.

The index shows Kansas with an economic growth value above that of neighboring states – Colorado, Iowa and Missouri.

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