Post on 25-Feb-2016
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Leadership Wichita 2011Jeremy Hill, Director
Leadership Wichita 2011
What is going on within Wichita? The things that you know, but could not prove.
What do we do, and what makes us special? Is it really all about general aviation?
What path are we on? Is this good, bad, or ugly?
What do we do now? “How do we get out of this pickle?”
What do we do, and what makes us special?
Is it really all about general aviation?
2010 Location Quotients
Chicago Dallas DenverKansas
CityOklahoma
City Omaha TulsaNatural Resourcesand Mining 3.41 0.61 0.58 2.38 0.17 1.68 0.28Construction 1.44 ND 0.94 1.19 0.96 1.03 0.98Manufacturing 1.95 ND 3.62 2.37 3.06 2.66 1.75Trade Transportation, and Utilities 0.89 0.85 0.91 0.85 0.91 0.86 0.87Information ND ND 0.45 0.52 0.81 ND 0.82Financial Activities 0.59 0.49 0.53 0.52 0.62 0.47 0.71Professional andBusiness Services 0.67 0.70 0.60 0.69 0.74 0.72 0.75Education andHealth Services 1.00 1.30 1.25 1.13 1.02 1.04 1.05Leisure andHospitality 1.04 0.99 0.90 0.97 0.85 0.98 1.08Other Services ND ND 0.78 0.81 0.89 ND 0.93Source: Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2010 Annual Average
Source: U.S. Census Bureau, 2005-2009 American Community Survey
United States Average 25.2 Minutes
Sedgwick County Average 17.9 Minutes
Source: U.S. Census Bureau, 2011 Statistical Abstract
2008 United States Average Electric Cost9.74
2008 KansasAverageElectric Cost7.45
Source: U.S. Census Bureau, 2011 Statistical Abstract
United States Average9.74
2008United States Average Gas Cost 11.94
2008KansasAverageGas Cost12.12
Per Capita Personal IncomeWichita, KS MSA as a Percentage of U.S. Metropolitan Portion
1969
1972
1975
1978
1981
1984
1987
1990
1993
1996
1999
2002
2005
2008
80%
85%
90%
95%
100%
105%
110%
Source: Bureau of Economic Analysis
Cost of Living 1Q 11
Kansas Other MSA’sSalina, KS 88.8 Tulsa, OK 89.9Garden City, KS 93.2 Wichita, KS 92.5Topeka, KS 94.0 Dallas, TX 95.8Dodge City, KS 90.9 Kansas City, MO 98.8Wichita, KS 92.5 Denver, CO 106.4Lawrence, KS 95.6 Chicago, IL 115.3Hutchinson, KS 96.2Manhattan, KS 94.1 U.S. 100
Source: ACCRA Cost of Living Index, May 2011
Moderate Housing Costs
Wichita’s moderate cost of living reflected in 2nd Qtr 2011 housing prices: Wichita median sales price: $118,700 (-
3.1%) U.S. median sales price: $171,900 (-
2.8%)
National Association of Realtors, Median Sales Price of Existing Single-Family Homes for Metropolitan Areas
Labor Costs – May 2010
Median Hourly Earnings (all occupations) Wichita: $15.18 U.S: $16.27
Mean Hourly Earnings (all occupations) Wichita: $19.02 U.S: $21.35
Source: BLS – Occupational Employment Statistics
Schools
Index: GreatSchools.netOatville Elementary School 10Bostic Traditional Magnet 8Northeast Magnet High 7Ruth Clark Elementary K-5 7Allison Traditional Magnet 6
ACT 2010 - Average Composite ScoreNation 21.0Kansas 22.0Mississippi 18.8
What path are we on?
Is this good, bad, or ugly?
2010 Location Quotients
Chicago Dallas DenverKansas
CityOklahoma
City Omaha TulsaNatural Resourcesand Mining 3.41 0.61 0.58 2.38 0.17 1.68 0.28Construction 1.44 ND 0.94 1.19 0.96 1.03 0.98Manufacturing 1.95 ND 3.62 2.37 3.06 2.66 1.75Trade Transportation, and Utilities 0.89 0.85 0.91 0.85 0.91 0.86 0.87Information ND ND 0.45 0.52 0.81 ND 0.82Financial Activities 0.59 0.49 0.53 0.52 0.62 0.47 0.71Professional andBusiness Services 0.67 0.70 0.60 0.69 0.74 0.72 0.75Education andHealth Services 1.00 1.30 1.25 1.13 1.02 1.04 1.05Leisure andHospitality 1.04 0.99 0.90 0.97 0.85 0.98 1.08Other Services ND ND 0.78 0.81 0.89 ND 0.93Source: Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2010 Annual Average
Goods-Producing
2001
2003
2005
2007
2009
010,00020,00030,00040,00050,00060,00070,00080,00090,000
100,000
Employment Shift Share Analysis2001-2010
National Share -2.84%
Industry Mix -21.65%
Regional Share 0.58%
Change in Wichita Employment
-23.91%
Source: Bureau of Labor Statistics
Service-Providing
2001
2003
2005
2007
2009
155,000
160,000
165,000
170,000
175,000
180,000
Employment Shift Share Analysis2001-2010
National Share -2.8%
Industry Mix 6.4%
Regional Share 0.2%
Change in Wichita Employment
3.8%
Source: Bureau of Labor Statistics
What do we do now?
“How do we get out of this pickle?”
“How do we get out of this pickle?”
Challenges and opportunitiesWhat do you want out of Wichita?What do you want Wichita to be?