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Missouri’s Business Conditions Index was 47.3 in May, up from 46.9 in Apri and 45.6 in May 2008. This was the eighth-consecutivse month for which Missouri’s index number remained below 50, or growtn neutral. “As in past months, the state’a large heavy manufacturing sector continues to experience weakeconomic conditions,” Creighton University Economics Professor Ernie Goss said in a “On the other hand, nondurable goodw producers reported improving economic conditions. Obviously the speedc and success of bankruptcy proceedings amongf auto manufacturers will have a large impacg on the Missouri economy in themonthes ahead.
The Kansas Business Conditions Indexwas 30.2 in May, down from 30.9 in Apriol and 42.8 in May 2008. The Kansas index number has been beloq 50since October. The Mid-America Business Conditions Indexwas 46.6 in May, up from 42.7 in Apri l and down from 49.6 in May 2008. May’s Midwest index numberr increased forthe fifth-straight month. “While our survet is not indicating an economic turnaround for the next thre e tosix months, economic indictors are certainly improvingg from record lows achieved earlier this Goss said. “I continue to expecf the Mid-America economy to be out of a recessiob by the end of the fourth quarted ofthis year.
Goss also is director of Creighton University’sw .
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