Midwest Economy: March State-By-State Glance

The Creighton Economic Forecasting Group uses the same methodology as the national survey to consult supply managers and business leaders. Creighton University economics professor Ernie Goss oversees the report.

The overall index ranges between 0 and 100. Growth neutral is 50, and a figure greater than 50 indicates growth in that factor over the next three to six months.

Here are the state-by-state results for March:

Arkansas: The state’s overall index sank to 47.3 from February’s 52.7. Index components were new orders at 42.7, production or sales at 37.0, delivery lead time at 69.3, inventories at 52.1 and employment at 35.4.

Iowa: Iowa’s overall index fell to 45.8 from 53.1 in February. Index components were new orders at 39.2, production or sales at 49.4, delivery lead time at 68.1, employment at 32.1 and inventories at 40.0.

Kansas: The state’s overall index tumbled to 48.3 last month from February’s 54.7. Index components were new orders at 45.0, production or sales at 53.8, delivery lead time at 70.1, employment at 36.0 and inventories at 36.4.

Minnesota: Minnesota’s overall index plummeted in March to 45.5, compared with 53.3 in February. Index components were new orders at 40.0, production or sales at 37.8, delivery lead time at 68.4, inventories at 46.5 and employment at 34.7.

Missouri: The state’s overall index slumped to 45.3 last month from 51.1 in February. Index components were new orders at 34.5, production or sales at 37.5, delivery lead time at 68.7, inventories at 50.8 and employment at 35.0.

Nebraska: Nebraska’s overall index plunged in March to 47.8 from 54.7 in February. Index components were new orders at 42.2, production or sales at 36.2, delivery lead time at 70.4, inventories at 54.3 and employment at 36.2.

North Dakota: The state’s overall index dropped to 46.8 last month from 52.7 in February. Index components were new orders at 39.1, production or sales at 36.7, delivery lead time at 69.7, employment at 35.7 and inventories at 52.8.

Oklahoma: Oklahoma’s overall index slumped in March to 45.7, compared with 51.5 in February. Index components were new orders at 34.4, production or sales at 38.1, delivery lead time at 68.0, inventories at 49.1 and employment at 38.7.

South Dakota: The state’s overall index tumbled to 47.4 last month from February’s 54.1. Index components were new orders at 43.0, production or sales at 36.9, delivery lead time at 69.5, inventories at 52.3 and employment at 35.5.

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