Midwest economic survey suggests big improvement in December

The Associated Press - January 3, 2017 9:17 am

OMAHA, Neb. (AP) – Soaring numbers in a monthly survey of business supply managers suggest economic conditions are improving in nine Midwest and Plains states.

The Mid-America Business Conditions Index report released Tuesday says the overall economic index for the region jumped to 53.1 in December from 46.5 in November. The October figure was 43.8.

Creighton University economist Ernie Goss oversees the survey, and he says the December and November increases point to an improving regional manufacturing economy.

The survey results are compiled into a collection of indexes ranging from zero to 100. Survey organizers say any score above 50 suggests growth in that factor. A score below that suggests decline.

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

 

Latest Stories

Stardust Melodies:Yacht Rock, a Two Day Summer Fundraiser at Ponca Playhouse in August

The Ponca Playhouse talented singers will perform soft rock favorites from the 70s and 80s, accompanied...

Tulsa to Host Three Major 2025 USA BMX Events, Including National Finale

TULSA, OKLA. (KTUL) — USA BMX announced the 2025 lineup for the National Series and Gold Cup...

‘Deadpool & Wolverine’ Smashes R-rated Record With $205 Million Debut, 8th Biggest Opening Ever

Marvel is back on top with “ Deadpool & Wolverine.” The comic-book movie made a staggering $205...