The Center for Economic Development and Business Research is forecasting a 0.6 percent increase in employment for 2012, for a total gain of 1,735 jobs. The 2012 forecast has been revised downward due to slower than expected national growth and continued unknowns in the local and global economy, including the closure of Boeing Wichita and the continued weakness in the Euro zone. Wichita’s forecast for 2012 indicates a year of continued stabilization.
To read the complete 2012 revised forecast for Wichita, click here.