Midwest economic conditions take leap forward

Team Radio Marketing Group - September 4, 2018 8:28 am

OMAHA, Neb. (AP) – A monthly survey report suggests economic conditions in nine Midwest and Plains states took a leap forward last month.
The report released Tuesday says the Mid-America Business Conditions Index jumped to 61.1 in August, compared with 57.0 in July. It’s the 21st straight month that the index remained above growth neutral 50.0.
Creighton University economist Ernie Goss oversees the survey, and he says the region’s manufacturing growth of 3.1 percent over the past 12 months exceeds the U.S. growth rate of 2.6 percent.
The survey results are compiled into a collection of indexes ranging from zero to 100. Survey organizers say any score above 50 suggests growth. A score below that suggests decline.
The survey covers Arkansas, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, Oklahoma and South Dakota.

 

Latest Stories

Arnold, Robinson run for more than 100 yards as OU stuns No. 7 Alabama 24-3

By CLIFF BRUNT AP Sports Writer NORMAN, Okla. (AP) — Oklahoma’s fans literally couldn’t wait to...

Morton, Brooks lead Texas Tech to a 56-48 win, keep OSU winless in Big 12 play

By HALLIE HART Associated Press STILLWATER, Okla. (AP) — Behren Morton and Tahj Brooks each accounted...

Fred Harris, former US senator from Oklahoma and presidential hopeful, dies at 94

By RIO YAMAT Associated Press (AP) — Fred Harris, a former U.S. senator from Oklahoma, presidential...