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Journal Article
Update on the Kansas and Missouri economies : Kansas City Fed’s survey of agricultural credit conditions
The Kansas and Missouri economies improved somewhat during the summer, but the pace of activity was fairly slow. Employment in Missouri remains above year-ago levels. In Kansas, employment growth over the past year was zero after being in negative territory for the last year. Unemployment rates remain elevated, but have continued to fall slightly over the last quarter in both Missouri and Kansas.
Journal Article
Solid performance at Tenth District banks
Commercial banks in Tenth District states performed well in the first half of 1997. Profitability and loan quality remained high, while loans continued to grow at a healthy pace. The only negative was that deposits grew sluggishly, adding to liquidity pressures. Banks in district states slightly outperformed banks nationwide in profitability and loan quality, while matching them in loan growth and deposit growth.
Journal Article
Tenth District economic developments
The Tenth District economy posted lower employment growth in 1997, marking the first time since 1988 that the district underperformed the nation. District agriculture posted solid gains in 1997, with big harvests and major improvements in the cattle industry. Overall, labor markets remained tight in most of the district, most likely limiting job growth in the region.> Gazel reviews the major economic developments in the district economy in 1997 and examines the outlook for 1998. The district economy is likely to grow moderately this year, nearly matching the 1997 pace. Tight labor markets ...
Journal Article
Will the Tenth District catch the Asian flu?
While the impacts of the Asian financial turmoil on the United States have been widely discussed and studied, few analysts have looked at the likely impact on the Tenth District Economy. Gazel and Lamb examine the negative impacts of the Asian financial turmoil on the Tenth District and find that while the overall impact on the district economy is likely to be moderate, some segments of the economy could be hurt significantly. Two important sectors of the Tenth District economy likely to be affected by the Asian economic crisis are manufacturing and agriculture.> District manufacturing ...
Journal Article
How high tech is the Tenth District?
Newspapers in the Tenth Federal Reserve District generally keep a close eye on where their cities rank in national studies of high-tech activity. Readers have good reason to be interested in how ?high tech? their communities are, despite the recent downturn in the sector. High-tech workers are among the best paid of all workers and, if these recent studies are correct, an area?s failure to embrace the ?New Economy? could result in a lower standard of living and fewer opportunities for residents down the road. But studies of high-tech cities, which are usually produced by think tanks, trade ...
Journal Article
Good times continue for Tenth District banks
Commercial banks in Tenth District states continued to perform well in 1997. Profitability remained high, loan quality improved, and loan growth and deposit growth were both strong. Banks in district states also outperformed banks nationwide by all four performance measures.
Journal Article
Tenth district cities: recent growth and prospects for the 1990s