Midwest EconomyA regional economic index has hit its highest level since May 2006.
By: Associated Press, WDAZ
OMAHA, Neb. (AP) - A regional economic index has hit its highest
level since May 2006.
According to a report released Friday, the Business Conditions
Index for the Mid-America region hit 64.3 in March, up from 61.0 in
It was the fourth increase in as many months for the survey of
supply managers and business leaders in nine states: Arkansas,
Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, Oklahoma
and South Dakota.
The index ranges from zero to 100. Organizers say any score
above 50 suggests economic growth in the next three to six months.
Creighton University economist Ernie Goss says low interest
rates, a stabilizing job market and declines in U.S. unemployment
are behind economic optimism of supply managers in the Mid-America