TOPEKA, Kan. (AP) Kansas officials have developed a new index of leading economic indicators to help better assess business activity in the state.
The index is called Indicators of the Kansas Economy, or IKE. It offers a review of economic trends and the overall health of the Kansas economy.
The matrix was developed through the Governor’s Council of Economic Advisors, created by Gov. Sam Brownback last year as he developed proposals for tax cuts, government efficiency and overall economic growth.
Brownback says the index will give policymakers a better picture of how Kansas compares to similar states, such as the Dakotas, and to the nation overall.
The data are collected from a variety of state and federal sources.
