March 12, 2009

Wichita, KS Economic update

Wichita, KS city council members have voted to add another Bridge from the core area of Wichita to the Cities' West side, the fastest growing area in the metro area.  Presently there are only two accesses west and the new bridge will increase traffic flow by 50%.

Kansas will receive $1.75 billion of the federal stimulus package to rebuild roads, universities, help with education and the health care system.

Federal budget cuts could delay the replacing of the U.S.A.F.'s aging tanker fleet.  A five year delay is being considered on the $100 billion dollar program that Boeing Military is bidding on.  Should Boeing get the contract, all major modification of the aircraft will take place in Wichita.

A recent survey of area employers shows that 70% plan to no job cuts over the next three months.  15% of those surveyed plan to hire more employees and 11% plan to cut some employees.