Midwest Economic Index Rebounds In November

By: Associated Press Email
By: Associated Press Email

An economic survey index for nine Midwest and Plains states has rebounded, suggesting slow growth in the months ahead.

A survey report released Thursday says the overall regional Business Conditions index rose to 52.6 in November, jumping 2.7 percentage points from the 49.9 in October.

Organizers say any survey score above 50 suggests growth while a score below 50 suggests decline for that factor.

Creighton University economics professor Ernie Goss oversees the
survey. He says the regional surveys over the past several months
indicate the slowdowns in the national and global economies are
pushing down the region's economy.

The nine states are Arkansas, Iowa, Kansas, Minnesota, Missouri,
Nebraska, North Dakota, Oklahoma and South Dakota.

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