Over the four months ending in February, the WSU Leading Economic Indicators Index experienced a net gain of 2.8 percent. This, coupled with the positive performance of the WSU Current Conditions Index in February, suggests that measurable year-end recovery of Wichita’s economy is feasible. Seven of the nine Index indicators improved from January to February. The number of Kansas initial unemployment claims declined by more than 50 percent; the inflation-adjusted value of Wichita’s residential building permits increased 40.2 percent; the aerospace stock index increased 13.6 percent; and the national inflation-adjusted value of new orders for aircraft and parts increased 8.1 percent.
To learn about the performance of the other Index indicators, click here.