The Creighton University Mid-America Business Conditions Index, a leading economic indicator for the nine-state region stretching from Minnesota to Arkansas, rose above growth neutral for the 24th straight month.
Economics Professor Ernie Goss says that growth is slowing….
Goss says those business managers anticipate some problems ahead….
Goss says job growth is also slowing, even though employment has not caught up to pre pandemic levels….
Looking ahead six months, economic optimism as captured by the May Business Confidence Index, plummeted to a very weak 21.7 from 33.4 in April. “When asked about their economic outlook, Goss said about six of ten supply managers expect a downturn in economic conditions in the next six months.
