Regional Economy Continues Slow Growth Trends

The monthly Mid-America Business Conditions Index, a leading economic indicator for our nine-state region, rose for a second straight month.  Surveys over the last several months point to positive, but slow growth for the final quarter of 2013. The Business Conditions Index, which ranges between 0 and 100, increased to 54.8 from 53.8 in August.    Dr.Ernie Goss director of Creighton University’s Economic Forecasting Group says at least the index is positive…

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After moving below growth neutral for January, the region’s employment gauge has remained above 50.0 for the past eight months. The September reading declined to a 51.8 from 52.8 in August. Goss says a lot of that revolves round federal health care reform…

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The September business confidence index, fell to 51.8 from Augusts 53.9. Goss says that was mostly due to the budget uncertainty coming from Washington…

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