© 2024 KGOU
Colorful collared lizard a.k.a mountain boomer basking on a sandstone boulder
News and Music for Oklahoma
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Report Says Weak Growth Ahead For Oklahoma And Region

Simon Cunningham
/
Flickr Creative Commons

A new report suggests slow economic growth is ahead for nine Midwestern and Plains states.

The survey report issued Wednesday says the overall Mid-America Business Conditions Index dropped to 51.4 in March from 57 in February. The January figure was 54.8.

Creighton University economist Ernie Goss oversees the survey, and he says manufacturers of nondurable goods reported that sales, production and employment have weakened over the past several months.

The survey results from supply managers are compiled into a collection of indexes ranging from zero to 100. Survey organizers say any score above 50 suggests economic growth, while a score below that suggests decline.

The survey covers Arkansas, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, Oklahoma and South Dakota.

----------------------------------

KGOU relies on voluntary contributions from readers and listeners to further its mission of public service to Oklahoma and beyond. To contribute to our efforts, make your donation online, or contact our Membership department.

The Associated Press is one of the largest and most trusted sources of independent newsgathering, supplying a steady stream of news to its members, international subscribers and commercial customers. AP is neither privately owned nor government-funded; instead, it's a not-for-profit news cooperative owned by its American newspaper and broadcast members.
More News
Support nonprofit, public service journalism you trust. Give now.