January 04, 2021

Midwest Economy Improving But Businesses Less Optimistic-The Associated Press

The economy continues improving in nine Midwest and Plains states but business leaders are less optimistic after the latest surge in coronavirus cases in the region, according to a new monthly survey released Monday. The overall index for the region suggests strong growth even though it dipped to 64.1 in December from November’s 69. Any score above 50 on the survey’s indexes suggests growth, while a score below 50 suggests recession. Creighton University economist Ernie Goss, who oversees the survey, said the manufacturing sector has been growing steadily since restrictions related to the virus started to be relaxed in the spring, but current activity still remains below the level it was at before the pandemic began. The Associated Press, 01/04/2021