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Kansas and other states report healthy economic growth, according to monthly survey

Kansas and other states report healthy economic growth, according to monthly survey

Kansas and other states report healthy economic growth, according to monthly survey

By the Associated Press and KFDI News:

A new monthly survey of business leaders suggests the economy keeps operating at a healthy pace in nine Midwest and Plains states, but supply delays and shortages of workers are limiting growth in the region.

The overall economic index for the region slipped to 68.9 from July’s surging 73.1, but it still indicates strong growth. Any score above 50 on the survey’s indexes suggests growth.

Creighton University economist Ernie Goss said strong job growth continued but businesses are having trouble finding workers to hire.

The monthly survey covers Arkansas, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, Oklahoma and South Dakota.

The index for Kansas declined to 70.4 from 73.3 in July.   Goss said both durable and nondurable good manufacturers in the state are advancing at a healthy pace, and nondurable good producers are increasing the average hourly work week at a healthy pace.

 

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