A Creighton University survey of supply managers in manufacturing plants in the middle of the country shows business conditions improved in the region last month and remain solid in Iowa. Creighton University Economics Professor Ernie Goss conducts the survey.
Iowa’s “Business Conditions Index” for July slipped a bit from June, but was still showing growth. Goss says inflation and the war in Iran are drags on the economy.
The latest federal data shows Iowa’s manufacturing sector shed 46-hundred jobs in the past 12 months. Goss says that’s over two percent of Iowa’s manufacturing base — and fits in the national trend.
Creighton University’s Business Conditions Index found an uptick in economic conditions in just three of the nine states that are part of the survey. Overall, the supply managers indicated they were optimistic about economic prospects through the end of the year.
