Heartland international trade continues to fade

August 5, 2019 – Both new export orders and imports slumped deeper in July, according to the latest Heartland International Business Index compiled by Creighton University’s Professor Ernie Goss.

Ernie Goss

Ernie Goss, Ph.D
Professor of Economics,
Creighton University

Exports fell off to 44.7 in July from the June reading of 48.3, and imports slumped to 43. 8 from June’s 50.0. Any reading below 50.0 represents contraction.

“Two-thirds of our supply managers indicated that the trade war (with China) and tariffs were having negative impacts on their companies,” said Prof. Goss. “more than half, or 54%, of supply managers indicated that tariffs were making it difficult to buy internationally.”

The Heartland Index is an exclusive to IBNewsmag, and is recognized as a leading economic indicator. It results from a survey of supply managers conducted by Creighton University from the states of Arkansas, Iowa, Kansas, Minnesota, Missouri, Nebraska, Oklahoma and North & South Dakota.

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