OMAHA, Neb. (AP) — The economy in nine Midwest and Plains states likely will remain sluggish because of weakness in ethanol and food production, but conditions vary widely across the region, according to a report released Monday.
The overall economic index for the region remained in negative territory at 48 in November based on the monthly Mid-America survey of business leaders. The index was slightly better than October's 46.5, but any score below 50 suggests the economy will contract over the next three to six months.
Creighton University economist Ernie Goss said weakness in nondurable-goods producers, such as food and ethanol makers, combined with worries about the health of the global economy to slow business in the region.
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