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: November survey results mark the 24th straight month Minnesota’s Business Conditions Index has remained above growth neutral. The November index declined to a still solid 58.0 from October’s 63.7. Components of the index from the November survey of supply managers were new orders at 61.3, production or sales at 63.7, delivery lead time at 56.1, inventories at 58.5, and employment at 50.6. “During the national recession, December 2007 to June 2009, Minnesota lost almost 31,000, or approximately 14 percent, of its manufacturing jobs.  Since the recovery began in July 2009 the state has regained almost 20,000, or approximately 64 percent, of the lost manufacturing jobs. Our surveys of businesses in Minnesota indicate the state’s manufacturing employment will return to pre-recession levels in the latter half of 2015,” said Goss.