Weekly Wrap Up
November 8, 2013
by Jeff Pinkerton
In case you missed any of these, here is a recap of some news highlights this week related to KC’s economy.
Week of Nov. 4
- A good write-up about KC’s tech industry appeared in Huffington Post.
- Four options for expansion of the streetcar system were proposed.
- Hallmark announced it may shed up to 250 jobs in Kansas City.
- KCI shows an increase in passenger traffic in September, up 1.4 percent from one year earlier.
- Jackson County voters rejected a sales tax for translational medical research.
- The Dow Jones Industrial Average reached all-time high 15,724.
- Harley Davidson announced that its Kansas City plant will build two new motorcycle models.
- A new luxury hotel opens on the Plaza.
- U.S. GDP grew 2.8 percent in the third quarter.
- The U.S. added 204,000 new jobs in October.
- Speaking at KCADC luncheon, CNBC’s Ron Insana predicts the U.S. will be energy independent by 2020. He also noted a manufacturing renaissance going on in the country and said that the Kansas City and U.S. economies are on the right path for future growth.