News Staff
Tuesday, October 3, 2023
One-Third Expecting Recession Before End of Quarter One in 2024 After two straight months of readings below growth neutral, the Creighton University Mid-America Business Conditions Index, a leading economic indicator for the nine-state region stretching from Minnesota to Arkansas, climbed above the 50.0 growth neutral threshold for September. Overall Index: The Business Conditions Index, which uses the identical methodology as the national Institute for Supply Management (ISM) and ranges between 0 and 100 with 50.0 representing growth neutral, increased to a weak 52.5 from 49.5 in August.