Midwest economy | KBIA

Midwest economy

Aerial view of a wheat harvest.
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A September survey of business supply manager suggests a slump in economic growth still grips nine Midwest and Plains states, according to a report issued Tuesday.

The Mid-America Business Conditions index fell further below growth neutral, hitting 49.1 last month compared with 49.3 in August. The figure was 52.0 in July.

Economic growth is expected to slow over the next three to six months in nine Midwestern and Plains states, according to a report released Thursday from a July survey of business supply managers.

The Mid-America Business Conditions index dropped to 52.0 in July, from 55.4 in June, the report said. It's the lowest figure in more than three years.

"The regional economy expanded at a slower pace than the rest of the nation for the first half of 2019," said Creighton University economist Ernie Goss, who oversees the survey.

A new report says a May survey of business supply managers suggests economic growth will slow over the next three to six months in nine Midwest and Plains states.

The report issued Monday says the Mid-America Business Conditions Index dropped to 54.3 last month from 55.9 in April. The figure was 58.2 in March.

Creighton University economist Ernie Goss oversees the survey, and he says tariffs and flooding have harmed several states.

Survey Suggests Economic Growth Ahead for Midwest, Plains

May 1, 2019
Downtown St. Louis
Tuce / Unsplash

A new report says an April survey of business supply managers suggests there will be solid economic growth over the next three to six months in nine Midwest and Plains states.

The report issued Wednesday says the Mid-America Business Conditions Index dropped to 55.9 last month from 58.2 in March. The February figure was 57.9.

Creighton University economist Ernie Goss oversees the survey, and he says finding and hiring qualified workers remained the chief threat to the manufacturing economy for the region.