The October Creighton University Mid-America Business Conditions Index indicates healthy economic growth ahead. The Business Conditions Index rose to 58.8, its highest reading in four months and up from 58.2 in September. This is the 11th straight month the index has remained above growth neutral, continuing to point to positive growth for the region over the next three to six months.
“Both the national and our regional indices indicate the manufacturing sector is expanding 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. For the first time in years, we are not tracking consistent growth in the durable goods sector,” said Creighton University’s Ernie Goss.