Tuesday, March 16, 2010

Creighton Economist Goss provides accurate analysis of Midwest Economy

The Goss Institute for Economic Research

Follow Dr. Ernst Goss for clear, concise information about the Iowa and Midwest Economy. His website is linked above. His most recent edition of the mid-american states economic report is linked below. Here is what he has to say about the Iowa economic outlook:

Iowa: For the fifth time in the past seven months, Iowa’s Business Conditions Index rose above growth neutral. The index, a leading economic indicator from a survey of supply managers, jumped to 58.2 from January’s 52.1. Components of the overall index for February were new orders at 65.3, production or sales at 64.3, delivery lead time at 60.4, employment at 53.2, and inventories at 47.9. “Over the past year, Iowa has lost more than 17,000 manufacturing jobs, or more than 8.0 percent of its manufacturing job base. Almost 90 percent of the producer job losses were in durable goods manufacturing. Based on our surveys, I expect no more manufacturing job losses, and minimal overall job gains for the state in the second quarter of 2010,” said Goss.

Ernest Goss is the MacAllister Chair in Regional Economics at Creighton University in Omaha, Nebraska. Dr. Goss' research spans local, regional, and national perspectives with market analysis studies ranging from the impact of the College World Series in Omaha, Nebraska, to the U.S. Olympic Trials. His regional and national impact is continuously rewarded throughout the nine state Mid American Regions and the three state Mountain region with recognition and media coverage of approximately 100 newspapers and over 90 radio stations. Dr. Goss has noted and quoted research that appears regularly in newswires and publications such as the New York Times, MSNBC, Investors Business Daily, Wall Street Journal, The Christian Science Monitor, The Los Angeles Times and The Chicago Sun Times.

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