Midwest Economic Forecast Improves
01/05/2015

OMAHA, Neb. (AP) - A monthly report shows an improved economic outlook over the next three to six months for nine Midwestern and Plains states.

A survey report issued Friday says the overall Mid-America Business Conditions Index jumped to 54.4 in December from 51.3 in November. 

The survey results from supply managers are compiled into a collection of indexes ranging from zero to 100. Survey organizers say any score above 50 suggests economic growth, while a score below that suggests decline. The survey covers Arkansas, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, Oklahoma and South Dakota.

Creighton University economist Ernie Goss oversees the survey, and he says drops in grain and fuel prices have helped companies with close ties to consumers.

 


© Associated Press

You will need to be logged in to leave a comment.

Please Login


characters left

The posting of advertisements, profanity, or personal attacks is prohibited.

Click here to review our Terms of Use.