Mid-American exports continue to drift. Imports also down.

November 12, 2019 – According to the most recent purchasing managers’ survey conducted by Creighton University, the Heartland regional trade numbers were very weak with both export orders and imports falling, but at a somewhat slower pace. The new export orders index increased to 44.7 from September’s 36.2, and the import index increased to 48.2 from 42.4 in September. Any number below 50.0 indicates contraction.

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Professor Ernie Goss, PhD, director of Creighton University’s Jack A. MacAllister Chair in Regional Economics, whose report is quoted here indicated that other components of the October Business Conditions Index were new orders at 57.2, up from September’s 47.6; the production or sales index moved higher to 58.6 from September’s 50.0; and speed of deliveries of raw materials and supplies index at 48.6 was down significantly from last month’s 56.0.

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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