Nationally, real GDP grew at a robust rate of 4.6 percent in the second quarter of 2014, following a contraction of 2.1 percent in the first quarter. Strong growth in personal consumption expenditures and private investment were the key contributors to this growth. Net exports shrunk in the second quarter, while government consumption increased slightly. Employment increased by 1.9 percent nationally in the last twelve months, while Kansas employment increased by 1 percent.
Read the newly released forecast update.