Economic Survey Index Dips, Slow Growth for the Near Future

(Omaha) (AP) a�� A monthly economic survey index for nine Midwest and Plains states dipped for the second consecutive month in April, but the survey’s organizer said the index indicates slow growth for the region in the coming three to six months.

The Mid-America Business Conditions index dropped to 56.8 in April, compared with 58.2 in March, according to a report released Friday.

Businesses leaders were slightly more optimistic about the regional economy in the next six months, with the April business confidence index rising to 59.9 from 58.2 in March.

The survey of business leaders and supply managers uses a collection of indexes ranging from zero to 100. Survey organizers say any score above 50 suggests growth while a score below that suggests decline.

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