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: December survey results mark the 25th straight month Minnesota’s Business Conditions Index has remained above growth neutral. The overall index, or leading economic indicator, advanced to a healthy 61.4 from November’s 58.0. Components of the index from the December survey of supply managers were new orders at 68.2, production or sales at 69.4, delivery lead time at 56.6, inventories at 57.8, and employment at 55.3. “For 2014, Minnesota’s leading industry was fabricated metal production, while its lagging industry was telecommunications. Based on our survey results, I expect Minnesota to add jobs at a solid pace for the first half of the year with pullbacks in exports restraining growth to a still healthy rate,” said Goss.