Heartland international trade falls off in June

July 18, 2019 – Both new export orders and imports drifted down in June, 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 48.3 in June from the May reading of 48.5, and imports slumped to 50.0. Any reading above 50.0 represents growth.

“June’s import reading is the lowest recorded this year,” said Prof. Goss, “and June’s export index matches January’s low index.” Creighton’s survey is beginning to measure the growing impact from tariffs and is reflected in the resulting trade readings.

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.

Comments are closed.