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: February survey results mark the 27th straight month Minnesota’s Business Conditions Index has remained above growth neutral. The overall index dipped to a still healthy 64.7 from January’s  60.1. Components of the index from the February survey of supply managers were new orders at 72.4, production or sales at 78.1, delivery lead time at 57.9, inventories at 57.7, and employment at 57.6. “Durable goods manufacturers in the state are growing at a solid pace. However, even with this recent healthy growth, compared to pre-recession levels, this heavy manufacturing sector has lost almost 13,000 jobs. Average weekly wages for all Minnesota  workers, according to the BLS have grown by an anemic 0.5 percent over the past year,” Goss.