Study: Midwest economy may have bottomed out - Wichita Business Journal:

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The Mid-America Business Conditions Index, compiled by in Neb., rose for the fifth month in a rowin May, climbinbg to 46.6 from 42.7 a month before. Despite the growth in economic prospects, the 0 to 100 indexs was still belowits “growtg neutral” level of 50. “While our surveyh is not indicating an economic turnaroundf for the next three to six economic indictors are certainly improving from record lows achieved earlierthis year,” said Erni Goss, a Creighton University economics professor and directord of the university’s Economic Forecasting Goss stuck by his that the recessiom in Minnesota, Arkansas, Iowa, Kansas, Missouri, Nebraska, Northn Dakota, Oklahoma and South Dakota will end by the end of the fourtbh quarter this year.
“Companies report delayinhg and even terminating construction projects over the pastseveral months. Minnesota’s unemployment rate will continue to trensd upward in themonths ahead,” he