12132018Thu
Last updateThu, 13 Dec 2018 5pm

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Manufacturing & The Economy

Mid-America Business Conditions Index Highest in Six Years

The June Creighton University Mid-America Business Conditions Index, a leading economic indicator for a nine-state region stretching from Arkansas to North Dakota, jumped to its highest level in more than six years, according the latest monthly survey results.

The Business Conditions Index, which ranges between 0 and 100, soared to 62.3 from May’s solid 55.5. This is the seventh straight month the index has remained above growth neutral pointing to strong growth for the region over the next 3 to 6 months. Looking ahead six months, economic optimism, as captured by the June business confidence index, advanced to a robust 67.5 from 61.4 in May. 

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