Briefly The Mid-America Business Conditions Index, which is a barometer of economic health, shown in blue line. Red trend line is U.S. (Courtesy of Creighton University) OMAHA — The latest business conditions survey led by Creighton University signals growing economic optimism among Nebraska manufacturing managers. February results for the Husker business climate come from a broader nine-state Mid-America Business Conditions Index, which is a barometer of economic health based on monthly surveys of manufacturing supply managers analyzed by Creighton University’s Economic Forecasting Group. For Nebraska specifically, the state index reading climbed above neutral growth for a second month in a row. That turn follows four consecutive months of readings below the neutral-growth threshold. Using a range of zero to 100, a reading of 50 represents neutral growth. Recent rebound Similar to Nebraska, the regional index also reflected a more positive outlook, relative to previous months. The overall business index that gauges economic health from Minnesota to Arkansas rebounded in February to its highest level since July of last year. Creighton economist Ernie Goss, who heads the forecasting group, said he was “shocked” about the regional reading, expecting a downturn. “While it’s too early to tell if this is an […]
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