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OMAHA, Neb. (AP) - An August survey suggests there will be little or no economic growth over the next three months in a nine-state region of the Midwest and Plains.
A report issued Tuesday says the overall Mid-American Business Conditions Index dropped to 49.6, compared with 50.6 in July.
Creighton University economist Ernie Goss oversees the survey, and he says Arkansas, Iowa, Minnesota, Missouri and South Dakota companies reported growth last month, but businesses in Kansas, Nebraska, North Dakota and Oklahoma reported less economic activity,
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. A score below that suggests decline.
The survey covers Arkansas, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, Oklahoma and South Dakota.
© Associated Press
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