Business

Slowing farm sector cuts into Kansas personal income growth

A slowdown in the growth of farm incomes in the second quarter pulled the state’s personal income growth back to the middle of the pack among states.

Total personal income in Kansas – the sum of all wages, benefits, rents, dividends and government payments – rose 0.9 percent, ranking the state 30th.

Most economic sectors in Kansas saw slight, but positive growth in the quarter, with health care leading the way. The U.S. as a whole saw personal income growth of 1.0 percent in the quarter.

In the first quarter, led by robust crop prices, Kansas saw growth of 1.6 percent, ranking it 14th.

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