WSU: Wichita economy will be better in 2010 than first forecast

WICHITA -- Wichita State University has revised its October forecast for 2010, cutting the number of layoffs it is forecasting.

There will be 1,650 jobs lost in the Wichita area in 2010, less than half the 3,550 job losses that WSU's Center for Economic Development and Business Research originally predicted during its annual meeting in October.

The difference, said center director Jeremy Hill, is that the national economy seems to be snapping back more quickly than expected, raising corporate profits and even tempering the housing crash.

For more on this story, read Saturday's Wichita Eagle.