Mid-America exports and imports up, overall economy strong

May 7, 2019 – The April Creighton University Mid-America Business Conditions Index, a leading economic indicator for a nine-state region, receded to a still solid reading signaling positive growth for the region over the next three to six months, according to Ernie Goss, PhD, director of Creighton University’s Economic Forecasting Group and the Jack A. MacAllister Chair in Regional Economics in the Heider College of Business.

Ernie's 9-states

The regional trade numbers for April were solid, but with both imports and exports expanding for the month. The new export orders index moved higher to 53.9 from March’s 53.4, and the import index climbed to 57.0 from to 51.7 in March.

The Business Conditions Index, which ranges between 0 and 100, slipped to 55.9 from March’s 58.2. This marks the 29th straight month the index has remained above growth neutral 50.0, which indicates growth.

“The regional economy continues to expand at a positive pace. However, as in recent months, finding and hiring qualified workers remained the chief threat to manufacturing economy for the region,” said Prof. Goss.

Comments are closed.