Skip to content
Toggle Left Side Navigation

ESEI_Full Size Color

subscribe to our newsletter

Captcha
 

This index was created under the direction of Dr. Marc Anthony Fusaro, Ph.D., the director of the Center for Business and Economics Development.  Much credit belongs to Thomas Houk, an MBA student while working on this project.

The index gives a more timely picture of the state of the economy in Kansas and its neighbors.  The index is based on an estimate of monthly and state level Gross Domestic Product (GDP) and tells us how per capita production is looking in Kansas, Arkansas, Colorado, Iowa, Missouri, Nebraska, and Oklahoma.  The index is updated monthly.

The Center for Business and Economic Development is a part of the School of Business at Emporia State University.  In addition to tracking state level economic performance the center offers short training courses for local businesses, organizes the consulting services of the business faculty, and supports application-oriented business research.


WebGraphic_Feb2018


GDP grahp Feb 2018

Bureau of Economics Analysis (BEA) measures GDP for the United States and its states.  For state level GDP this process takes a long time and information available is sometimes as old as seven months.  Using much more current information, the ESEI is an estimate of state level GDP which can be made within six weeks.

While the BEA measures GDP at the quarterly frequency, the ESEI’s monthly estimates make it much easier to see recent trends in the economy.


Index graph Feb 2018
The Emporia State Economic Index shows per capita GDP for each state.  Compared to our neighbors, the average Kansan’s production is middle-of-the-pack.  Colorado, Nebraska, and Iowa produce more per person and Arkansas, Oklahoma, and Missouri are less productive.  Kansas’ reading in the index has grown from 88.78 in July 2005 to 128.21 in August 2017.  This is an increase of 44.4% or an annualized rate of 3.1% per year.


ESEI Table_Feb2018

While BEA data is quarterly, ESEI estimates reveal that there is considerable variability in GDP growth rates on a monthly basis.

** This index interprets official GDP data and adjusts as new data becomes available. Thus the current index will differ from that of past index releases. 


The full ESEI can be downloaded in .csv format.

Download


Center for Business and Economic Development Description and Contact:

The Center for Business and Economic Development is a part of the School of Business at Emporia State University.  In addition to tracking state level economic performance the center offers short training courses for local businesses, organizes the consulting services of the business faculty, and supports application-oriented business research.

 

Dr. Marc Anthony Fusaro, Director

mfusaro@emporia.edu

(620) 341-5522

 

 


Dr. Marc Anthony Fusaro is an Associate Professor of Economics, and the Director of the Center for Business and Economic Development in the School of Business at Emporia State University.  He is the creator of the Emporia State Economic Index (ESEI).  His research interests include banking industry market structure and household financial management with particular interest in overdraft checks, debit card usage, and payday loans.

As the creator and manager of the ESEI, Fusaro follows economic data for the state of Kansas and serves as a media resource for economic analysis of the economy and economic data.  Dr. Fusaro has published his research in numerous academic journals including Economic Inquiry, the Journal of Macroeconomics, and the Journal of Consumer Policy. 

Fusaro earned a B.A. in economics and mathematics from the University of Scranton and a Ph.D. in Economics from Northwestern University.  Before coming to Kansas, he was on the faculty of the College of Business at Arkansas Tech University, on the economics faculty at East Carolina University, on the research staff of the Economic Analysis department at the Federal Reserve Board of Governors, and in the Emerging Payments Research Group at the Federal Reserve Bank of Chicago.