A new survey of business leaders in South Dakota and eight other Midwest and Plains states suggests that economic growth lies ahead over the next three to six months. That’s according to the latest monthly report from Creighton University’s Mid-America Business Conditions Index.
The overall Index climbed to 57 in February from 54.8 in January. Any score above 50 suggests economic growth. South Dakota’s overall index climbed to 63.3 last month from 61.2 in January. Along with South Dakota, the survey covers Arkansas, Iowa, Kansas, Minnesota, Missouri, Nebraksa, North Dakota and Oklahoma.
Ernie Goss, professor of economics and director of Creighton University’s Economic Forecasting Group, joined Dakota Midday and discussed the report.