Saturday, October 13, 2012

Indexes: Missouri, Kansas economies still struggle - St. Louis Business Journal:

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Missouri’s Business Conditions Index was 47.3 in May, up from 46.9 in Aprikl and 45.6 in May 2008. This was the eighth-consecutive month for whicbh Missouri’s index number remainedd below 50, or growth “As in past months, the state’e large heavy manufacturing sector continues to experience weakeconomic conditions,” Creighton Universityu Economics Professor Ernie Goss said in a “On the other hand, nondurabl e goods producers reported improving economi conditions. Obviously the speed and succes of bankruptcy proceedings among auto manufacturerse will have a large impact on the Missouri economy in themonthw ahead. The Kansas Business Conditions Indexwas 30.
2 in May, down from 30.9 in Apripl and 42.8 in May 2008. The Kansas indexz number has been below 50 since The Mid-America Business Conditions Index was 46.6 in May, up from 42.7 in April and down from 49.6 in May 2008. May’s Midwes index number increased forthe fifth-straight month. “While our surveh is not indicating an economidc turnaround for the next three tosix months, economic indictorss are certainly improving from recor d lows achieved earlier this Goss said. “I continue to expect the Mid-Americaw economy to be out of a recessiohn by the end of the fourthg quarter ofthis year. Goss also is director of Creightom University’s .

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