New CEDBR research gives insight into local economy
The June Wichita State University Current Conditions and Leading Economic Index are now available at www.index.CEDBR.org.
The current index is up 0.5 percent from March to April, due mostly from small improvements in total non-farm employment and the unemployment rate.
The leading index is up 0.4 percent from the March level. This can be attributed to an improvement in the Kansas Leading Index component.
WSU's Center for Economic Development and Business Research has compiled the current and leading indices to provide insights into the present and future state of the Wichita economy.
The WSU Current Conditions Index is designed to give an indication of the present conditions of the Wichita metropolitan area economy.
The WSU Leading Economic Indicators Index is designed to give an indication of where the Wichita economy is headed over the next six months.