Business conditions index slips but still shows good signs
OMAHA, Neb. (AP) A business conditions index for nine Midwest and Plains states dropped over the past month but still suggests that regional economic conditions are improving, a survey report said Friday.
The Mid-America Business Conditions Index slipped to 57.2 in November from 58.8 in October, the report said. The September figure was 58.2.
"Both the national and our regional indices indicate the manufacturing sector is advancing at a very healthy pace and that this expansion will spill over into the broader national and regional economies in the next three to six months," said Creighton University economist Ernie Goss, who oversees the survey.