Exports Drive Kansas City Growth

Kansas City will play host to a week full of entrepreneur-focused events in late June. | Photo courtesy of Creative Commons
The growth of Kansas City's economy kept pace with national economic growth in 2012. | Photo courtesy of Creative Commons

The Kansas City area’s economy grew 2.5 percent in 2012, the same as the nation, according to a Bureau of Economic Analysis. It said trade, financial activities and manufacturing of long-lasting goods led the way for the 305 markets that saw growth. Kansas City was one of 11 metropolitan areas whose recovery from the recession “depended entirely on growth” among its industries that engage in trade, said the Export Nation 2013 report from the Brookings Institution in Washington, D.C. The Brookings report cited motor vehicles, aircraft products and parts, communications equipment, information technology, freight and port services, and financial services among the area’s big exporters last year. Exports represented nearly 12 percent of the area’s total economic output last year, the report showed, up from 7.1 percent in 2003.

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