Heartland economy and exports continue growth

September 6, 2017 – A monthly survey of business supply managers suggests business conditions improved in August and that more export and economic growth lies ahead for the Heartland states, according to a report released Friday.

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The Mid-America Business Conditions Index rose to 57.5 in August from 56.1 in July, the report said. The June figure was 62.3. Exports are a key part of the index.

“The overall index over the past several months indicates a healthy regional manufacturing economy and points to solid growth for both manufacturing and nonmanufacturing for the rest of 2017,” said Ernie Goss, Ph.D. Creighton University Jack MacAllister Chair in Regional Economics, who oversees the survey.

“Strong profit growth, still low interest rates, and strong export sales boosted the economic outlook among supply managers in the Heartland region,” said Fred Baehner, IBNewsmag publisher.

The Heartland August business confidence index jumped to 62.5 from 60.2 in July.

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