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Mid America Economy Continues to Slide

Mid America Economy Continues to Slide

Photo: WNAX


The Creighton University Mid-America Business Conditions Index for October, a leading economic indicator for a nine-state region stretching from Arkansas to North Dakota, slumped for the month.
Ernie Goss, director of Creighton University’s Institute for Economic Inquiry says the slide is due to weak manufacturing….

The October Business Conditions Index, which ranges between 0 and 100, slumped to 41.9 from September’s 47.7.
The regional employment gauge slumped for October, and indicates job losses for the manufacturing and value added services sector. The job gauge declined to 42.3 from September’s 42.6. Goss says that is also connected to manufacturing…

Looking ahead six months, economic optimism, as captured by the October business confidence index, sank to 42.3 from 43.4 in September. Goss says the slump appears to be world wide….

Looking ahead six months, economic optimism, as captured by the October business confidence index, sank to 42.3 from 43.4 in September

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