Category Archives: Economy

You don’t say

“It’s a ‘Game of Thrones’ in Washington. We’ve got two powerful groups that are trying to make a point. The peasants are in the way.”

– Bill Dunkelberg, economist with the National Federation of Independent Business, in an interview after Thursday’s Wichita Area Economic Outlook Conference

Grubb & Ellis/Martens Commercial Group to do real estate forecasts at Wichita Area Outlook Conference

WICHITA — After a decade of doing commercial real estate forecasts every January, Grubb & Ellis/Martens Commercial Group is now going to partner with Wichita State University’s Center for Economic Development and Business Research to do the forecasts each fall.

Steve Martens’ company will be a major sponsor of the Wichita Area Outlook Conference and provide an exclusive commercial real estate forecast at the conference.

“We feel it is a stronger avenue for us to reach customers and clients with relevant commercial real estate information,” Martens says.

It’s a bigger one, too, since CEDBR director Jeremy Hill is expanding the conference’s reach.

“It’ll give us statewide coverage,” Martens says.

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You don’t say

“What would have been falling off a log is now . . . falling off a log with a half twist.”

Ron Coleman of Coleman Materials on the new normal for doing business in this economy

You don’t say

“The Arkansas River outside doesn’t seem to indicate that.”

Kansas State University history professor James Sherow, speaking at Thursday’s Economic Outlook Conference about whether Wichita Eagle founder Marshall Murdock’s dream to make Wichita an inland port would ever materialize

You don’t say

“My crystal ball is completely murky.”

Berry Cos. president Walter Berry’s comment to a group of people commiserating about the economy during the Wichita Aero Club mixer Thursday

You don’t say

“I think stupid is a better term than greed.”

BB&T chairman John Allison, speaking at Wichita State University’s economic outlook conference Thursday, on the banking crisis

Wichita one of the best places to find a job? U.S. News & World Report thinks so

WICHITA — No doubt hundreds if not thousands of laid-off workers would disagree with this, but U.S. News & World Report has named Wichita one of the top 10 best places to find a job this year.

Along with acknowledging that there are “job seekers as frustrated in these 10 cities as in others,” the magazine also says that every American city has been affected by the economic downturn. And the top 10 cities don’t necessarily have sharp job growth compared to others in the study of 2,000 cities.

But the magazine says the top cities have had a certain steadiness in the face of tough times, with below-average numbers for unemployment (Wichita has 11 percent unemployment; the greater metro area has 9.9 percent) and some job growth dating to 2000.

Also, cities were chosen for their range of opportunities across a variety of industries.

That was one of the reasons Wichita was chosen.

While noting that aviation is suffering, the magazine cites Wichita’s strong health care sector and employment numbers rising within education and health services.

Also, it says, “The Wichita housing market has resisted the wild swings in value that have done so much damage to other U.S. cities. The city even managed to add jobs last year.”

You don’t say

“There aren’t many shoes left to drop because people are pretty barefooted right now.”

Jim Holt, president and CEO of Mid American Credit Union, on whether there are any more surprises to come in the economy