Economy of Kansas City

From Wikipedia, the free encyclopedia

H&R Block's new oblong headquarters in downtown Kansas City
H&R Block's new oblong headquarters in downtown Kansas City

The economy of Kansas City Metropolitan Area is anchored by Kansas City, Missouri, which is the largest city in Missouri and 40th largest city in the United States. The Kansas City Metropolitan Area is the 27th largest in the United States based on the United States Census Bureau's 2004 population estimates. The Kansas City area is a large, influential, and important economy in its region. Historically, Kansas City, Missouri has been the third largest beef capital in the United States (behind Chicago and Cincinnati) and home to the second largest rail network. The Kansas City Metropolitan Area houses many factories, manufacturing plants, an official international trade zone, and more foreign trade zone space than anywhere else in the nation KC SmartPort.

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[edit] Fortune 1000

As of 2006, although the Kansas City Metropolitan Area is home to ten of the Fortune 1000 companies, Kansas City, Missouri, itself is home to only six:

The following is a comparison of Kansas City's Fortune 1000 status to other regional cities:

City
Fortune 1000 Companies in city
City Population
Metro Population
Chicago, Illinois 28 2,873,790 9,505,748
St. Louis, Missouri 18 350,705 2,832,204
Minneapolis, Minnesota 11 373,943 3,437,464
Cleveland, Ohio 11 458,684 2,942,303
Milwaukee, Wisconsin 11 583,624 1,709,926
Cincinnati, Ohio 10 314,154 2,100,501
Columbus, Ohio 9 730,008 1,920,601
St. Paul, Minnesota 7 276,963 3,437,464
Indianapolis, Indiana 7 784,242 1,939,349
Kansas City 6 444,387 1,992,836
Omaha, Nebraska 6 409,416 839,867
Detroit, Michigan 4 900,198 5,425,588
Des Moines, Iowa 2 194,311 582,362

[edit] Other major companies and employers

Kansas City is also home to a number of other very large, national and international companies, some of which are:

Other major regional and national non-corporate employers headquartered and/or located in Kansas City include:

[edit] Kansas City SmartPort controversy

Numerous independent news sources have spoken out about the perceived purposes of the KC SmartPort; especially leading media figures Alex Jones and Lou Dobbs that oppose its undertaking due to possible individual rights infringements. Internet-savvy individuals have long pointed out the SmartPort's importance among the North American SuperCorridor Coalition's plans to create a European Union-like 'North American Union'; presently advocated by the Independent Task Force on North America.

[edit] Economic Development Corporation of Kansas City (EDCKC)

For more information on Kansas City's economy, visit the EDCKC's website at EDCKC.

[edit] Business publications

Kansas City has many business publications. Two of the most prominent are the Kansas City Business Journal (published weekly), and Ingram's Magazine (published monthly). Many of Kansas City's business scions also frequently appear in the Independent, the local society magazine (published weekly). "KC Business Magazine" (published monthly)Their respective websites can be found at: