Home Local News MIDWEST ECONOMY CONTINUES ON BUMPY PATH

MIDWEST ECONOMY CONTINUES ON BUMPY PATH

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THE MONTHLY SURVEY OF SUPPLY MANAGERS AND BUSINESS LEADERS IN IOWA AND EIGHT OTHER MIDWEST STATES FINDS THE ECONOMY’S NUMBERS SLIPPED SLIGHTLY DURING MARCH.

CREIGHTON UNIVERSITY ECONOMIST ERNIE GOSS SAYS RECESSION WARNING SIGNALS HAVE BEEN FLASHING FOR THREE MONTHS, BUT THERE ARE SIGNS OF SLOW GROWTH DEPSITE ONGOING INFLATION.

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GOSS SAYS EVEN THOUGH SURVEY NUMBERS SHOWED A SLIGHT DECLINE IN THE PAST MONTH, THEY WERE STILL TRENDING POSITIVE:

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GOSS SAYS THERE ARE STILL ISSUES BUSINESS MANAGERS ARE CONCERNED ABOUT:

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THE REPORT INCLUDED A LOOK BACK AT LAST YEAR FOR IOWA.

THE STATE’S TOP THREE EXPORTED MANUFACTURED GOODS FOR 2022 WERE MACHINERY AT $4 BILLION, PROCESSED FOOD AT $3.9 BILLION AND CHEMICALS AT $3 BILLION DOLLARS.