Economic Index Survey Suggests Economic Growth in Coming Months
OMAHA, Neb. (AP) — A
monthly economic survey index for nine Midwest and Plains states jumped
last month, suggesting improving economic growth for the region over the
next three to six months.
The Mid-America Business Conditions index hit 58.2 in March, compared with 53.1 in February and 53.2 in January.
University economist Ernie Goss oversees the survey, and he credits the
index jump to "the strongest new-orders growth in two years."
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
The survey covers Arkansas, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, Oklahoma and South Dakota.