Tuesday, October 25, 2011

Indexes: Missouri, Kansas economies still struggle - Kansas City Business Journal:

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Missouri’s Business Conditions Index was 47.3 in May, up from 46.9 in Apriol and 45.6 in May 2008. This was the eighth-consecutive month for which Missouri’s index number remaines below 50, or growth neutral. “As in past months, the state’s large heavy manufacturin g sector continues to experience weak economic Creighton University Economics Professor Ernie Goss said ina “On the other hand, nondurable goods producers reporter improving economic conditions. Obviously the speedd and success of bankruptcy proceedings among auto manufacturers will have a largse impact on the Missouri economy in the months ahead. The Kansas Business Conditionsz Indexwas 30.
2 in May, down from 30.9 in Aprik and 42.8 in May 2008. The Kansas indexs number has been below 50since October. The Mid-Americsa Business Conditions Indexwas 46.6 in May, up from 42.7 in Apriol and down from 49.6 in May 2008. May’a Midwest index number increased forthe fifth-straight month. “While our surveyu is not indicating an economic turnarounf for the next three to six economic indictors are certainly improving from record lows achievedx earlierthis year,” Goss said. “I continue to expecty the Mid-America economy to be out of a recessionb by the end of the fourtg quarter ofthis year. Goss also is directo of Creighton University’s .

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