11122018Mon
Last updateMon, 12 Nov 2018 5pm

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Manufacturing & The Economy

Midwest Manufacturing Grew at Slowest Pace Since Jan. 2017

The October Creighton University Mid-America Business Conditions Index, an economic indicator for the nine-state region stretching from Minnesota to Arkansas, fell to 54.9 from September’s strong 57.5. This is the 23rd straight month the index has remained above growth neutral 50.0 but dropped to the lowest reading since January 2017. Approximately 60.0% of supply managers indicated that rising tariffs had made it more difficult, or expensive, to purchase from abroad (up from 40.8% in September). 

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