After three consecutive months of decline in fourth quarter 2011, the WSU Current Conditions Index appears to be on a downward trend. All of the Index indicators deteriorated from third to fourth quarter except the unemployment rate, which dropped 0.8 percentage points. The largest percentage decline occurred in seasonally adjusted home sales, which declined 7 percent, followed closely by the number of seasonally adjusted outbound air passengers at Wichita’s Mid-Continent Airport, which decreased 6.9 percent.
Current Conditions Index Slips Fourth Quarter
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