Could virus hamper Kansas economy?

As concerns about coronavirus continue to spread, the economy outlook for Midwest states, including Kansas, may be affected. The bulk of the concerns are with supply managers, economists report.

By

State News

March 2, 2020 - 10:10 AM

OMAHA, Neb. (AP) — Worries about a new virus first detected in China that’s infected tens of thousands of people globally are making a mark on the economy of a nine-state region in the Midwest and Plains.

The Mid-American Business Conditions Index sank in February to 52.8 from 57.2 in January, according to a survey report issued today.

“This month’s softer reading plus the mounting negative impacts from the (virus) should concern policymakers regarding the strength of the economy,” said Creighton University economist Ernie Goss, who oversees the survey. “Fully 40% of supply managers reported negative impacts from the (virus).”

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