A monthly indicator of economic health in nine Midwest and Plains states dropped in June.
Creighton University economist Ernie Goss compiles the Mid-America Business Conditions Report. The index dropped to 57.2 in June, down four-tenths of a point from the May report. It’s the second month in a row the index has dropped.
Creighton University economist Ernie Goss compiles the Mid-America Business Conditions report. The business conditions index, which measures overall economic health, slipped to 57.6 in May from 60 in April. However, it continues to show economic growth in the region.
Berkshire Hathaway CEO Warren Buffett says he’s “feeling terrific” following his diagnosis of stage one prostate cancer.
Buffett’s cancer was among the first round of questions fielded Saturday morning at Berkshire’s annual shareholders meeting. The 81-year-old Buffett announced last month he had stage one prostate cancer, and will begin treatment in July. He told shareholders that he has four doctors, who’ve told him he won’t need to be hospitalized or take a day off work.
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.
Internet giant Google is building its second data center in five years in Council Bluffs.
Google employees were joined by Council Bluffs Mayor Tom Hanafan, Iowa Governor Terry Branstad, and Lieutenant Governor Kim Reynolds at the ground-breaking Tuesday. The $300 million data center will create at least 50 jobs.
Mayor Hanafan says the Internet giant’s investment has changed the city and the state of Iowa, and improved the economy.
Buffett told shareholders in a letter released Tuesday afternoon of his diagnosis. In the letter, the 81-year-old Buffett says "the good news is I've been told by my doctors that my condition is not remotely life-threatening or even debilitating in any meaningful way."
Buffett says he was diagnosed last Wednesday. Last Thursday, he had a CT scan and a bone scan. That was followed Tuesday by a MRI.