Business conditions index slips but still shows good signs
OMAHA, Neb. (AP) - Economists say a business conditions index for nine Midwest and Plains states dropped over the past month but also say it still suggests that regional economic conditions continue to improve.
A report released Friday says the Mid-America Business Conditions Index slipped to 57.2 in November from 58.8 in October. The September figure was 58.2 in September.
Creighton University economist Ernie Goss oversees the survey, and he says the manufacturing sector has reported consistent growth over the past several months.
The survey results are compiled into a collection of indexes ranging from zero to 100. Survey organizers say any score above 50 suggests growth in that factor. A score below that suggests decline.
The survey covers Arkansas, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, Oklahoma and South Dakota.
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