Survey report suggests Midwest economy still steaming ahead
Tuesday, July 17, 2018
OMAHA, Neb. — The surging business conditions in nine Midwest and Plains states will be tested by trade conflicts and other factors that could slow growth, an economist said in a survey report issued.
The Mid-America Business Conditions Index recorded its highest mark in 14 years last month, hitting 67.3 in May, compared with 64.5 in April, according to the report. The March figure was 62.1.
This is the 18th straight month the index has remained above growth neutral 50.0, pointing to strong growth for the region over the next three to six months.