Oklahoma November economy down, energy-linked firms rise
The Institute for Supply Management, formerly the Purchasing Management Association, began formally surveying its membership in 1931 to gauge business conditions.
The Creighton Economic Forecasting Group uses the same methodology as the national survey to consult supply managers and business leaders. Creighton University economics professor Ernie Goss oversees the report.
The overall index ranges between 0 and 100. Growth neutral is 50, and a figure greater than 50 indicates an expanding economy over the next three to six months.
Here are the Oklahoma results for November:
Oklahoma's overall index slipped to 60.8 last month from 63.0 in October. Index components were new orders at 70.0, production or sales at 65.9, delivery lead time at 51.4,