Rural Radio Network on Nostr: Nov. Business Conditions Index continues to point to flat to slow economic growth ...
Nov. Business Conditions Index continues to point to flat to slow economic growth
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The Creighton University Mid-America Business Conditions Index fell to 49.6 in November 2024 from 51.1 in October, indicating flat to slow economic growth; this marks the sixth time in 2024 the index has dropped below the growth neutral threshold of 50.0; 38.7% of supply managers cited supply chain disruptions as their top economic challenge; the employment index remained weak at 44.4; regional manufacturing employment decreased by 2,000 jobs (-0.2%) in 2024; inflation concerns persist with 27.8% reporting higher inflation as a challenge; the price gauge rose slightly to 56.6; economic optimism increased to 55.6; the export index fell to 45.5 due to a strong dollar; the survey covers nine states including Arkansas, Iowa, and Nebraska; conducted since 1994.
#BusinessConditions #Economy #Inflation #Employment #SupplyChain #Manufacturing #CreightonUniversity #EconomicForecast #Midamerica #Trade
https://ruralradio.com/kneb-fm/news/nov-business-conditions-index-continues-to-point-to-flat-to-slow-economic-growth/
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The Creighton University Mid-America Business Conditions Index fell to 49.6 in November 2024 from 51.1 in October, indicating flat to slow economic growth; this marks the sixth time in 2024 the index has dropped below the growth neutral threshold of 50.0; 38.7% of supply managers cited supply chain disruptions as their top economic challenge; the employment index remained weak at 44.4; regional manufacturing employment decreased by 2,000 jobs (-0.2%) in 2024; inflation concerns persist with 27.8% reporting higher inflation as a challenge; the price gauge rose slightly to 56.6; economic optimism increased to 55.6; the export index fell to 45.5 due to a strong dollar; the survey covers nine states including Arkansas, Iowa, and Nebraska; conducted since 1994.
#BusinessConditions #Economy #Inflation #Employment #SupplyChain #Manufacturing #CreightonUniversity #EconomicForecast #Midamerica #Trade
https://ruralradio.com/kneb-fm/news/nov-business-conditions-index-continues-to-point-to-flat-to-slow-economic-growth/