Midwest economy looks to be weakening

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

-

OMAHA, Neb. (AP) — A monthly survey of business leaders suggests the economy will continue slowing in nine Midwest and Plains states because of weakness in agriculture and energy businesses.

The overall economic index for the region declined to 45.5 in September from August’s 47.8. Any score below 50 suggests the economy is weakening.

Creighton University economist Ernie Goss says energy and agriculture manufacturing is especially weak in the region.

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.

Notice: you are using an outdated browser. Microsoft does not recommend using IE as your default browser. Some features on this website, like video and images, might not work properly. For the best experience, please upgrade your browser.