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Survey suggests economy slowing in Minnesota, Midwest states

A survey from Creighton University suggests the ongoing trade war with China is behind a slowing economy for nine Midwest and Plains states, including Minnesota. A survey from Creighton University suggests the ongoing trade war with China is behind a slowing economy for nine Midwest and Plains states, including Minnesota. | 

Created: December 02, 2019 12:54 PM

OMAHA, Neb. (AP) — A new monthly survey of business leaders suggests the economy is slowing down in nine Midwest and Plains states as the U.S. trade war with China continues.

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The overall index for the region slipped into negative territory at 48.6 in November from October’s 52.6.

The survey results are compiled into a collection of indexes ranging from zero to 100. Survey organizers say any score above 50 suggests growth. A score below that suggests decline.

Creighton University economist Ernie Goss, who oversees the survey, says the ongoing trade war and slow global growth is hurting manufacturers in the region.

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

(© Copyright 2019 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

Copyright 2019 The Associated Press. All rights reserved.

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