Creighton report suggests economic growth in 2011

Creighton University's latest Business Conditions Index predicts healthy economic growth for the nine-state Mid-America region in 2011. The monthly index — which considers leading economic factors like wholesale prices, trade imports and exports, and inventory and employment rates — rose to 57.5 (on a scale of 100) in December, the 13th-consecutive month the BCI has remained above the growth neutral mark of 50 percent. "The regional economy ended the year on a high note as the weaker U.S. dollar and an expanding global economy stimulated business activity for firms with close ties to agriculture and energy commodities," says Creighton University economics professor Ernie Goss. The Mid-America region covers Nebraska, Arkansas, Iowa, Kansas, Minnesota, Missouri, North Dakota, Oklahoma and South Dakota.

posted at 07:48 am
on Monday, January 03rd, 2011

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