Mid-America Manufacturing Index Rises Above Growth Neutral in June
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#66448979 ver:0.13

The Mid-America Manufacturing Index rose above growth neutral in June, indicating positive economic growth in the nine-state region. However, supply managers remain pessimistic about the economic outlook for the rest of 2024. The employment index has slumped for six consecutive months, and the rising value of the U.S. dollar is hurting exports. The Creighton Economic Forecasting Group expects a rate cut in September due to a weak economy and cooling inflationary pressures. Overall, there are mixed indicators of economic health in the region. #manufacturing #economy #economicoutlook...

#newstr #Midamerica #Manufacturing #Economy #SupplyManagers #Inflation #Exports #Imports 

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