Economic Slump Likely to Continue in Midwest

Associated Press - Wed 02:40 PM 01/02/2013

Creighton University economist Ernie Goss says job growth will continue to be slow in the region, and some manufacturing jobs could be lost.

Creighton University economist Ernie Goss says job growth will continue to be slow in the region, and some manufacturing jobs could be lost.

A new survey of business leaders suggests the economy will remain sluggish in nine Midwest and Plains states, and hiring will be slow over the next three to six months.

The overall economic index for the region improved to 49.5 in December, but it remained in negative territory below 50. The overall index registered 48 in November and 46.5 in October.

Creighton University economist Ernie Goss says job growth will continue to be slow in the region, and some manufacturing jobs could be lost.

The survey covers Arkansas, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, Oklahoma and South Dakota.

The December employment index dipped to 48 from November's 50.5.

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Online:

Creighton University economic reports: http://www.outlook-economic.com

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Aurora.

Thursday 3 January 2013 01:24 Report this comment

Hey Ernie your so full of it I do not know why they publish your stupid comments.