Wed May 2, 2012
Mid-America Business Conditions report shows continued economic growth in April
A survey of supply managers in nine states shows the economy is growing, in spite of continued troubles at the national level.
Creighton University economist Ernie Goss oversees the Mid-America Business Conditions survey. The Business Conditions Index, an overall indicator of economic health, climbed to 60 in April. A number above 50 indicates economic growth. Goss says healthy agricultural and manufacturing sectors are to credit for the growth.
But Goss says that growth can’t be maintained unless the U.S. economy also grows. He expects slower economic growth the rest of this year.
The Mid-America Business Conditions report includes Iowa and Nebraska.