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Garden City Telegram in Garden City, Kansas

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Newspaper

Garden City Telegram

Location

Garden City, Kansas, United States of America

Date

May 03, 2014

Page

5

Moody's downgrades Kansas credit rating amid tax plan debate

Moody's lowered Kansas credit grade citing a sluggish recovery and a pension liability of 16.7 billion dollars. Critics say Gov Brownback's tax cuts weaken revenue while supporters cite strong ending balances and prudent finances.

Kansas Moody’s David Jacobson Illinois House Paul Davis D-Lawrence Sam Brownback Davis Moody Report

April Jobs Gain Highlights Robust Labor Market

U S employers added 288000 jobs in April, while the unemployment rate fell to 6.3 percent. Growth was broad across sectors with 75,000 in professional services, 32,000 in construction, and nearly 35,000 in retail, as economists note a recovering economy after a harsh winter.

Washington Commerce Department Barack Obama Angela Merkel White House Rose Garden Congress Mark Zandi Moody’s Analytics Scott Anderson Bank of the West San Francisco Bank of America Merrill Lynch Michelle Meyer

Wheat crop in Kansas stunted by drought and heat

Drought and high temperatures push Kansas wheat behind normal growth. Stands are 10 to 12 inches tall versus 22 to 26, with state production estimated near 260 million bushels versus 319 million last year. Garden City yields could fall to 20 to 25 bushels per acre. Farmers warn profits and viability suffer as temperatures rise into the mid 90s and moisture remains scarce.

Enue Kansas Ken Kriz Regents Wichita State University Hugo Wall Moody’s Jacobson Kriz Senate Ty Masterson R-Andover Ways and Means Committee Les Donovan Richita Standard & Poor’s Henry Garden City National Weather Service Mike Deaver Deaver

Also Mentioned on This Page

Obama Labor Department Keith Hall Bureau of Labor Statistics George Mason University Virginia Chad Moutray National Association of Manufacturers U.S. Bureau of Labor Statistics Cea Acl Music Presents Pauline Joyce Garden City Community College Campus Gcccks.edu Chad Roehn Ryan Kolzo Levi Huncovsky Jarel Iamberger Koehn Iankonm. Berg Randy Fisher United Capital Management of Kansas, Inc N. Main Ste. C Southwest United Capital Management Inc Salina ESI Stac IL Hahn Sterne Agee Financial Services, Inc FINRA SIPC Eis IER Sandsage Bison Range Arkansas River Bridge Bison Tours Friends of the Sandsage Bison Range and Wildlife Area Tom Norman Friends of Sandsage Bison Range & Wildlife Area Facebook.com Friends Chris Giroux Lai Tib Chase Toni Renero
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