The final 2021 report on a monthly survey of business leaders in nine Midwest and Plains states shows the region's economy continues to improve going into the new year, with confidence in the economy over the next six months soaring. The overall index for December of the Creighton University Mid-America Business Conditions released Monday grew to 64.6 from November's 60.2.
Any score above 50 on the survey's indexes suggests growth. The survey's business confidence index, which looks ahead six months, rocketed from a weak 46.2 in November to 64.0 in December. The monthly survey covers Arkansas, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, Oklahoma and South Dakota.
The Kansas Business Conditions Index for December climbed to 61.7 from 61.2 in November. Goss says since the beginning of the pandemic, Kansas durable goods manufacturing experienced much stronger growth than nondurablegoods producers in the state. Average hourly wages have advanced by 4.4% during this same period of time all data non-seasonally adjusted.
