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Report: Midwest Business Conditions Index Rose Again

OMAHA, Neb. (AP) — A report says a business conditions index for nine Midwest and Plains states has surged to its highest level in a dozen years.

The report released Tuesday says the Mid-America Business Conditions Index hit 64.5 in April, compared with 62.1 in March. The February figure was 59.7.

Creighton University economist Ernie Goss oversees the survey, and he says much of the recent manufacturing sector growth has been driven by exports.

The survey results are compiled into a collection of indexes ranging from zero to 100. Survey organizers say any score above 50 suggests growth in that factor. A score below that suggests decline.

The survey covers Arkansas, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, Oklahoma and South Dakota.

(© Copyright 2018 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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