Census: Pottawatomie County has biggest percentage growth in Kansas

Pottawatomie County is No. 1. Pottawatomie County experienced the largest population growth by percentage in Kansas from 2010 to 2020, according to Census data. The U.S. Census Bureau on Thursday released data on its 2020 population count. Pottawatomie County’s population grew 17.3% from 21,604 to 25,348. It was one of two Kansas counties that recorded a double-digit percentage growth; Johnson County grew by 12.1% from 544,179 in 2010 to 609,863 people in 2020.
Source: themercury.com

2021-08-17T06:43:56-05:00August 17, 2021|News|

COVID-19 brought a ‘tectonic shift’ to higher education in Kansas

The college business model — one that depends on students living on campus and attending classes in person — was broken even before the pandemic. COVID-19 just made things more obvious. Classes moved online. Campus buildings and dormitories sat empty. Students flocked home. And many haven’t returned. Enrollment at Kansas colleges and universities fell by 8.1% last fall — more than the national average. With continued uncertainty over COVID-19 and the highly contagious delta variant, universities could face the biggest money crisis in their history. “The pandemic … converged with longer-term challenges facing enrollment,” said Blake Flanders, president and CEO of the Kansas Board of Regents.
Source: Hutch News.

2021-08-16T07:18:13-05:00August 16, 2021|News|

U.S. 10-year Treasury yield falls below 1.3% as consumer confidence drops to 2011 levels

The 10-year Treasury yield dropped further Friday morning, briefly dipping below 1.3%, after U.S. consumer sentiment data plummeted to its lowest level since December 2011, according to data out Friday from the University of Michigan. The yield on the benchmark 10-year Treasury note fell 6 basis points to 1.304% at 1:30 p.m. ET. The yield on the 30-year Treasury bond gave up 7.5 basis points, falling to 1.952%. Yields move inversely to prices and one basis point is 0.01%. U.S. consumer confidence fell in August to its lowest level since 2011, as fears about the delta variant and the reopening of the economy continue to spread. The consumer sentiment index fell 13% from the July reading to 70.2, the University of Michigan reported Friday. Economists surveyed by Dow Jones expected a reading of 81.3 for August.
Source: CNBC – Bonds

2021-08-16T00:58:44-05:00August 16, 2021|News|

Forward delivery bond issuance smashes though previous record

Forward delivery bonds have already surpassed their annual record for issuance as issuers use the tool, along with taxable refundings, to replace the loss of tax-exempt advance refundings. Forward delivery bonds are attractive to both issuers looking for savings and investors seeking any incremental yield in an uber low-rate environment, Barclays PLC said in a Friday report. The underwriting process is similar to a typical refunding transaction, but with an extended settlement date. So far this year, $6.224 billion of forward delivery bonds have been issued, according to Bloomberg and Barclays data. That is up from about $2.724 billion in 2020 and $4.484 billion in 2019, the previous record. Prior to 2018, issuance was below $1 billion except for 2015 where it was just above that figure at $1.560 billion.
Source: The Bond Buyer

2021-08-16T00:56:50-05:00August 16, 2021|News|

Population drops in 80 Kansas counties

Most Kansas counties lost residents over the past 10 years as the state’s population concentrated in more populous places, including the Kansas City area, new census figures released Thursday showed. Data from the U.S. Census Bureau’s once-a-decade count of the nation’s population showed that 80 of the state’s 105 counties declined in population since 2010, 16 of them by more than 10%. Most of those counties were rural. Five of the top 10 fastest-growing counties were in or close to the Kansas City metropolitan area. The state’s most populous county, Johnson County, has affluent Kansas City suburbs that have been growing for decades, and its population grew another 12.1% in the past 10 years.  Census figures show that Kansas saw a 3% increase in population over 10 years, to almost 2.94 million. Population shifts within the state mean a shift in political clout away from rural areas and toward Kansas City and a few other areas when the Legislature redraws political boundaries next year.
Source: The Iola Register

2021-08-16T00:53:39-05:00August 16, 2021|News|

Wichita teachers’ union votes yes on new contract with USD 259 as school year begins

Wichita school district teachers voted overwhelmingly to approve a new union contract with USD 259 as the new academic year began this week, citing pay increases and bonuses that recognize teachers’ work in the pandemic. Nearly 66% of certified staff voted on the contract, said Brent Lewis, president of United Teachers of Wichita, the union that represents USD 259 teachers as well as nurses, counselors and other staff. Of those voting, 93.5% voted yes on the agreement, while 6.5% voted no. The contract covers more than 4,000 teachers and staff across the district, and will last for one year.
Source: Wichita Eagle

2021-08-16T06:55:00-05:00August 16, 2021|News|

Massive Amazon fulfillment center started local work Sunday in Park City

The brand-new, 1-million-square-foot Amazon fulfillment center in Park City will become operational Sunday. Two hundred employees will begin filling orders for the online retail giant, which says it plans to employ between 700 and 1,000 workers throughout the year, depending on customer demand. “It’s truly amazing what’s been accomplished in the last 10 and a half months,” said Sean Fox, Park City’s city manager. “A year ago, nobody even knew that Amazon was coming here.”
Source: Wichita Eagle

2021-08-16T06:55:39-05:00August 16, 2021|News|

Downtown loft program open

The Great Bend downtown loft program is now open, said Sara Hayden, president of Great Bend Development Inc., the entity spearheading the project.  With applications now being sought, Hayden said she will hold a question-and-answer session at 4 p.m. Thursday, Aug. 26, at the Great Bend Events Center Santa Fe Trail conference room. “Great Bend Economic Development, with support from the city, is thrilled to be able to offer this grant program to help enhance our downtown corridor and bring more opportunities for business and housing to the community,” Hayden said. “This program allows us the chance to get a lot of work done in a short period of time, making Great Bend stand out as a community that is ready for change and growth, and as a community that takes pride in our future.”
Source: Great Bend Tribune

2021-08-16T00:48:56-05:00August 16, 2021|News|

New installation added to Garden of Isis in Lucas

Vintage computer motherboards, action figures with weapons, car parts, clock gears, and a visionary worldview – these are Mri-Pilar’s materials. Her installation, The Garden of Isis, fills the main floor of the Florence Deeble House in Lucas, and is an ongoing project 20 years in the making. This summer, Pilar installed 50 new pieces on a wall she titled “Continuum.” The works were made in the spring at an artist’s residency at the Red Barn Studio in Lindsborg. “The wall is a mosaic,” Pilar said. “It is very dense and close together with few breathing spaces, but as it moves out, it starts to open up and the silver reflection starts to happen.”  Years ago, when the Grassroots Art Center approved Pilar’s plan for the Garden of Isis, she lined the walls with reflective silver. Light from windows and electric fixtures plays among the thousand-plus individual pieces throughout the house once occupied by local teacher Florence Deeble. Deeble watched S.P. Dinsmoor work on his concrete Garden of Eden when she was a child. At the age of 50, Deeble began her own backyard environment with concrete and rocks she collected on her travels.
Source: Great Bend Tribune

2021-08-16T00:47:49-05:00August 16, 2021|News|
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