Business

Quarterly Kansas economic report bests only Mississippi

Low global prices for oil and gas contributed to a weak economic performance by Kansas in the fourth quarter of 2016.
Low global prices for oil and gas contributed to a weak economic performance by Kansas in the fourth quarter of 2016. Eagle file photo

The Kansas economy racked up another weak performance in the fourth quarter, ranking it 49th nationally, ahead of only Mississippi, the U.S. Bureau of Labor Statistics said Thursday.

The state economy grew at an annual rate of 0.1 percent. For all of 2016, the state economy performed slightly better, 0.2 percent growth, which moved it up to 42nd in the country.

States that depend on agriculture, coal, and oil and gas fared poorly in 2016 because of low global prices.

Even Texas, long one of the country’s fastest-growing states, grew just 0.4 percent in 2016, ranking it 40th.

Dan Voorhis: 316-268-6577, @danvoorhis

This story was originally published May 11, 2017 at 11:18 AM with the headline "Quarterly Kansas economic report bests only Mississippi."

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