Home Local News GOSS SAYS MIDWEST ECONOMY IS SLUMPING

GOSS SAYS MIDWEST ECONOMY IS SLUMPING

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Ernie Goss

THE MIDWEST MANUFACTURING INDEX WAS BELOW NEUTRAL FOR A SECOND CONSECUTIVE MONTH.

CREIGHTON UNIVERSITY ECONOMIST DR. ERNIE GOSS SAYS THIS COMES AFTER FIVE STRAIGHT MONTHS ABOVE GROWTH NEUTRAL.

GOSS43 OC…POINT IN TIME. :12

HIRING REMAINS IN A SLUMP ACROSS THE MIDWEST AS EMPLOYERS SCRAMBLE TO FIND THE RIGHT PEOPLE FOR THEIR OPERATIONS.

GOSS44 OC……..MOVING FORWARD. :17

INFLATION WILL CONTINUE TO RISE, AS GOVERNMENT SPENDING DOES, TOO.

GOSS45 OC……HIGHER INTEREST RATES. :19

DR. GOSS SAYS THE SLUMPING WORLD ECONOMY IS GOING TO BE A DRAG ON THE U.S. ECONOMY.

GOSS46 OC…….DOUBT ABOUT THAT. :23

IOWA’S BUSINESS CONDITIONS INDEX REMAINED BELOW GROWTH NEUTRAL IN AUGUST, BUT INCREASED FROM JULY.

IOWA MANUFACTURERS REPORTED EXPORTS EXPANDED FROM 7.7 BILLION DOLLARS IN THE MIDDLE OF LAST YEAR, TO 8.6 BILLION DOLLARS A YEAR LATER.