What Is The Wichita Economy Based On?

What drives the Wichita economy? Agriculture, manufacturing, healthcare and energy are major drivers of the region’s economy. The Federal Reserve Bank of Kansas City tracks the most recent developments in these sectors as well as unemployment information for communities in the state.

What is the main industry in Wichita Kansas?

American aircraft industry
The city became an aircraft production hub known as “The Air Capital of the World”. Textron Aviation, Learjet, Airbus, and Boeing/Spirit AeroSystems continue to operate design and manufacturing facilities in Wichita, and the city remains a major center of the American aircraft industry.

What industry is Wichita known for?

Wichita ranks #1 in manufacturing jobs as a percentage of all jobs, and #3 in percent of manufacturing jobs classified as “very high-tech.” This region’s innovation-friendly infrastructure supports aviation while powering dozens of other industries — from agriculture to energy and healthcare to IT systems and support.

How is the economy in Wichita Kansas?

Employment in the Wichita metropolitan area grew 1.8 percent to 305,100 workers in 2019, while the unemployment rate reached a twenty-year low of 3.4 percent.

Why is Wichita called the Air Capital of the World?

The city is the birthplace of some of the most famous aircraft manufacturing companies, including Beechcraft, Cessna, and Stearman Aircraft – a division of the Boeing Company – giving Wichita the nickname ‘Air Capital of the World.

Who is the biggest employer in Wichita?

Major Employers

​Company ​Full-Time Local Employment Primary Services​
City of Wichita 2,886​ Municipal government​
U.S. Government​ 2,830​ Federal government​
Sedgwick County​ 2,521​ County government​
​State of Kansas 2,157​ ​Higher education and government
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What is the main economy in Kansas?

Both agriculture and manufacturing contribute significantly to Kansas’s economy—the former supplying many raw materials for the latter. The production of its farms and ranches has placed Kansas first among the U.S. states in wheat and first in sorghum grains; it also has ranked high in wild hay, beef, and hogs.

Why is Wichita famous?

Wichita is known as the “Air Capital of the World.” Wichita is the birthplace of Pizza Hut and White Castle fast-food chains. A.A. Hyde discovered Mentholatum in 1894 in the current The Spice Merchant & Company building.

Is Wichita a nice place to live?

Wichita has a reputation of being a great place to raise a family. It also draws many young professionals and retirees with its employment opportunities and low cost of living.

What businesses are in Wichita?

Innovative Connection

Spirit AeroSystems Aircraft Assemblies 9,500
Johnson Controls Air Conditioning Manufacturing 2,000
Wesley Healthcare Full Range Health Services 1,800
Cargill Meat Solutions Corp. Food Production and Processing 1,100
Dillons Food Stores Retail 1,100

Is Wichita a growing city?

Wichita has a 2020 population of 400,564. It is also the county seat of Sedgwick County. Wichita is currently growing at a rate of 0.38% annually and its population has increased by 0.76% since the most recent census, which recorded a population of 397,532 in 2010.

What is the unemployment rate in Wichita KS?

Wichita, KS

Data Series Dec 2021 Mar 2022
Unemployment Rate(3) (2)2.6 3.3
Nonfarm Wage and Salary Employment
Total Nonfarm(4) 298.0 298.2
12-month % change 2.8 2.9
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Is Wichita bigger than Kansas City?

The population data are from the 2020 American Community Survey.
Looking for a list of cities, counties or zips in Kansas?

Rank City Population
1 Wichita 390,566
2 Overland Park 193,412
3 Kansas City 153,014
4 Olathe 139,216

Why does Wichita have so much aviation?

Aircraft companies enjoyed a boom during World War II as thousands of aircraft workers found jobs in Kansas, mostly in Wichita. During the war, Boeing built B-29 bombers. Beech and Cessna also built military aircraft, and many companies worked together to build gliders.

What is the crime rate in Wichita Kansas?

Wichita’s crime rate
There were 25,210 crimes reported in Wichita, Kansas in 2019, the most recent year crime data is available. Adjusted for population, the city’s annual crime rate is 6,463 incidents for every 100,000 people.

Why is Wichita important to air travel?

Wichita first earned the title of Air Capital of the World in 1928, when the city’s 16 aircraft manufacturers rolled out 120 airplanes off the production lines each week. At that time, one out of every four U.S.-built airplanes came from Wichita.

What is the major industry in Wichita Falls Texas?

Wichita Falls has a strong history of manufacturing and continues to diversify within the aerospace sector. Major business clusters in Wichita Falls include key supply chain companies for aerospace and aviation, business support services and manufacturing.

What are the major industries in Kansas?

Here are five of the top industries in Kansas:

  • Agriculture.
  • Cattle Production.
  • Energy.
  • Aviation.
  • Non-fuel Industrial Minerals.

Who is the largest employer in Kansas?

Koch Co.
Detailed List Of The 100 Biggest Companies In Kansas

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Rank Company Employees
1 Koch Co. 120,000
2 Koch Industries 120,000
3 Koch Chemical Technology Group 120,000
4 Dillons 47,000

What is the number 1 industry in Kansas?

Today, Kansas’ main industries include manufacturing, bioscience, wind energy, professional services, renewable fuels and bioenergy. Family-owned farms and ranches account for most of the state’s approximately $20 billion agriculture industry.

What is the biggest industry in Kansas?

Meatpacking and dairy industries are major economic activities, and the Kansas City stockyards are among the nation’s largest. Food processing ranked as the state’s third largest industry in the 1990s. The two leading industries are the manufacture of transportation equipment and industrial and computer machinery.