OMAHA, Neb. — The Creighton University Mid-America Business Conditions Index, a key economic indicator for the nine-state region from Minnesota to Arkansas, remained above the growth neutral threshold for the sixth consecutive month, despite a slight decline to 50.7 in June from 51.0 in May.
“The Creighton survey continues to record job losses with accompanying higher wholesale inflation. Supply managers remain concerned that rising tariffs will push inflation significantly higher. On average, supply managers expect input prices to climb by 7.5% in 2025,” said Ernie Goss, PhD, Director of Creighton University’s Economic Forecasting Group.
The June regional manufacturing employment index stayed below growth neutral, unchanged from May’s weak 49.4. Goss noted, “First quarter employment was pushed higher due to higher production in anticipation of the fallout from tariffs. However, readings from the last three months represented a return to manufacturing job losses in the region.”…