(Neb.) - Midwest economic survey suggests growing strength
OMAHA, Neb. (AP) - A recent survey of supply managers suggests growing economic strength in a nine-state region of the Plains and Midwest.
The Mid-America Business Conditions Index rose to 60.0 in April, compared with 58.6 in March and 58.4 in February.
Creighton University economist Ernie Goss oversees the survey, and he says in a report released Tuesday that heavy manufacturing continues to propel economic growth for the region, with export-oriented manufacturers leading the way.
Survey organizers say it uses a collection of indexes ranging from zero to 100 and that any score above 50 suggests growth while a score below 50 suggests decline for that factor. The survey of business leaders and supply managers covers Arkansas, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, Oklahoma and South Dakota.
(Copyright 2012 by The Associated Press. All Rights Reserved.)
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