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Creighton University economist says more Midwest industries in recovery

Thursday, March 1, 2012 | 9:47 a.m. CST

OMAHA, Neb. — An economist who oversees a monthly economic survey of nine states in the Midwest and the Plains said the economic recovery has spread to more industries.

The Mid-America Business Conditions Index rose last month to 58.4 from 55.9 in January.

Creighton University economist Ernie Goss said the region's growth had been limited to agriculture and energy sectors. He said the February survey indicates the growth has spread to most industries, except construction.

The survey of supply managers and executives uses a collection of indexes ranging from zero to 100. Survey organizers said any score more than 50 suggests growth while a score less than 50 suggests decline for that factor. The states are Arkansas, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, Oklahoma and South Dakota.

 

 


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