Midwest economic index rises slightly

Federal, state leaders salute Joplin’s recovery

A deadly May twister may have punched a hole in Joplin and Duquesne two years ago, but the resolve to repair it will help other communities stand strong when they face similar disasters. That was the message of state and national diginitaries to a crowd of about 2,500 who observed the second anniversary of Joplin’s devastating May 22, 2011, storm during a ceremony Wednesday in Cunningham Park.

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December 3, 2012

Midwest economic index rises slightly

Anonymous From The Associated Press The Joplin Globe Mon Dec 03, 2012, 11:18 AM CST

OMAHA, Neb. — A monthly economic index report suggests an economic slump will continue over the next three to six months for nine Midwest and Plains states.

The Mid-America Business Conditions index rose slightly in November to a weak 48.0 from 46.5 in October. The figure was 50.4 in September.

The survey of business leaders and supply managers uses a collection of indexes ranging from zero to 100. Survey organizers say any score above 50 suggests growth while a score below 50 suggests decline for that factor.

Creighton University economist Ernie Goss oversees the survey, and he says it is tracking “economic weakness, particularly for nondurable-goods producers.”

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

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