Mid-American Money

Contact Information

Dr. Ernie P. Goss
Jack A. MacAllister Chair in Regional Economics
Professor of Economics
Eppley building BA 207
Creighton University
Omaha, NE 68178

Work: (402) 280-4757
Fax: (402) 280-2172
Email: ernieg@creighton.edu

Minnesota

Minnesota: August survey results mark the 21st straight month Minnesota’s Business Conditions Index has remained above growth neutral. The index climbed to a regional high of 66.9 from July’s 66.4, which was also a regional high. Components of the index from the August survey of supply managers in the state were new orders at 72.1, production or sales at 72.3, delivery lead time at 61.1, inventories at 69.2, and employment at 59.8. “Economic growth will remain healthy for the second half of 2014 for Minnesota based on our surveys over the last several months. Since the national recovery began in July 2009, the manufacturing sector in Minnesota added approximately 22,000 manufacturing jobs for a 7.4 percent job gain. For 2014, both durable and nondurable goods manufacturers have continued to add jobs at a healthy pace,” said Goss.