Mid-America Business Index Up To Highest Level Since September

(WNAX) — The February Creighton University Mid-America Business Conditions Index, a leading economic indicator for the nine-state region stretching from Minnesota and the Dakotas to Arkansas, rose to its highest level since September of last year, signaling solid growth for the region over the next three to six months. Ernie Goss is director of Creighton University’s Economic Forecasting Group…

“The overall index was at 57.9 and that’s up from January’s 56.0 and it’s the 27th straight month we’ve been above growth neutral and what’s accounting for this really strong results is just manufacturing is booming.”
Goss says most businesses they survey are still having problems with tariffs…

“About…almost half and that 49% said that the trade restrictions, the tariffs were having a negative impact on their ability to purchase from abroad and of course that is a real big issue.”
Goss says employment also continues to expand, despite some real issues…

“59.0 round to the nearest decimal point and that’s up from January’s 58.5 and this is the highest reading since June of last year so the hiring remains strong even through we’ve…lack of qualified workers.”
The survey also shows economic optimism, as captured by the February Business Confidence Index, advanced to 58.8 from January’s 53.7.