Monthly Midwest economy survey index soars to all-time high
OMAHA, Neb. (AP) - A new monthly survey shows the economy in nine Midwest and Plains states roaring back to life in the wake of a devastating global pandemic, with the survey’s overall index soaring to its highest reading since it began almost three decades ago.
The Creighton University Mid-America Business Conditions for April released Monday came in at 73.9 from March’s 68.9. Any score above 50 on the survey’s indexes suggests growth, while a score below 50 suggests recession.
Creighton University economist Ernie Goss, who oversees the survey, says the region has regained more than half the 106,000 manufacturing jobs lost to the pandemic in April 2020.
The monthly survey covers Arkansas, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, Oklahoma, and South Dakota.
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