Midwest economic index suggests slow growth - KTIV News 4 Sioux City IA: News, Weather and Sports

Midwest economic index suggests slow growth

Posted:

A monthly economic index for nine Midwest and Plains states rose above a growth neutral level last month, pointing to slow growth for the region over the next three to six months.

The Mid-America Business Conditions index hit 53.2 in January, up from 49.5 in December and 48.0 in November.

Creighton University economist Ernie Goss oversees the survey, and he noted that the region's manufacturing sector "moved sideways to slightly down" over January.

The survey of business leaders and supply managers uses a collection of indexes ranging from zero to 100. Survey organizers say any score above 50 suggests growth while a score below 50 suggests decline for that factor.

The survey covers Arkansas, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, Oklahoma and South Dakota.

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KTIV Television Inc. All Rights Reserved.
For more information on this site, please read our Privacy Policy, Terms of Service and Mobile Privacy Policy & Terms of Service.

Persons with disabilities who need assistance with issues relating to the content of this station's public inspection file should contact Administrative Assistant Kathy Clayton at (712) 239-4100 x209. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at fccinfo@fcc.gov.