OMAHA, Neb. (AP) — The overall economic measure of a monthly survey of Midwest business leaders hit a 16-year high for October, but the manufacturing sector of the economy remains stunted from the coronavirus outbreak, according to the Creighton University Mid-America Business Conditions Index released Monday.
The overall index of improved to 70.2 in October from September’s already strong 65.1. Any score above 50 on the survey’s indexes suggests growth, while a figure below 50 indicates decline.
Creighton University economist Ernie Goss, who oversees the survey, said that the index mirrored national survey results showing that the manufacturing sector has been expanding.
Stay connected to the stories and events that make your community a special place to call home.
Subscriptions start at $14.90/month.View subscription options
- Unmatched coverage of Allen County’s local news and sports, a tradition dating back to 1867
- Compelling portraits of our residents, experienced reporting and thoughtful analysis
- Unlimited online access to iolaregister.com and our archives