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in January and 55.3 in February 2008, said Monday. An indec number greater 50 indicates an expanding economyy for the next three tosix months. “Sincw the beginning of the the state’s transportation equipment and partws manufacturing industry has lostalmost 10,000 Creighton Economics Professor Ernie Goss said in a release. “I expecy this industry to be Missouri’s turnarounsd industry and will provide an early signal of aneconomic expansion.” The Kansas Business Conditions Index fell for the fourtn time in five months in February, when it registerer 38.4, down from 39.6 in January and 44.3 in Februaru 2008.
“Until the final quarter of 2008, the aircrafgt and parts manufacturing sector in Kansas had weatheredfthe recession,” Goss “However, the global recession has beguh to have a substantial negative impact on the overall stats economy. The aircraft and parts manufacturint industry will be the turnaround industrhy for Kansas and will provide an earlg signal of the beginning of aneconomidc expansion.” The Mid-America Business Conditions Indexc was 34.6 in February, up from 33.5 in January and down from 49.5 in Februaruy 2008.
, of which Goss also is director, has conductexd a monthly survey of supplg managers in nine states since 1994 to producwe leading economic indicators ofthe Mid-Americaw economy. States in the surveh are Arkansas, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Oklahoma and South Dakota.
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