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eConnection (July 2017)
Kansas Manufacturing: Chemical Product Manufacturing
The chemical manufacturing subsector includes companies whose operations are based on the transformation of organic and inorganic raw materials by a chemical process and the formulation of products. This subsector distinguishes the production of basic chemicals from the production of intermediate and end products produced by further processing of basic chemicals.
In Kansas, chemical product manufacturing is a high-wage industry with generally slow employment growth. There are seven establishments in the state with over 250 employees, while 40 percent of the establishments have between ten and 50 employees.
The Council for Community and Economic Research (C2ER), measures regional differences in the cost of consumer goods and services, excluding taxes and non-consumer expenditures, for professional and managerial households in the top income quintile.
The three Kansas metropolitan areas included in the index averaged 25.6 percent below the national average when weighted by population.
From April to May 2017 the Current & Leading Indices increased.
The U.S. & Midwest inflation rates both increased from April to May 2017.
The unemployment rate for Kansas, as a whole, increased from April 2017 to May 2017. The Wichita and Lawrence MSAs noticed an increase of 0.3 percentage points, while the Manhattan and Topeka MSAs saw a smaller increase of 0.2 percentage points.
Current Unemployment Rate
Center for Economic Development and Business Research
1845 Fairmount | Wichita, KS 67260-0121 | Phone: (316) 978-3225 | FAX: (316) 978-3950 | CEDBR@wichita.edu