8legs: Creighton university economic forecasting group

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The nine-state region’s May index was 54.4, signaling growth above neutral despite a dip from April.
Arkansas’s May employment index fell to 47.0, continuing a trend of manufacturing job losses.
Iowa, Missouri and Nebraska accounted for about 83% of manufacturing job losses in the past year.
The May price gauge reached its highest level in nearly four years, which may affect Fed-rate expectations.
About 81% of supply managers say the Iran conflict is pushing input prices higher.
Arkansas’ May index was 53.9, with most components in growth territory.
May survey showed strong readings for new orders and production in Arkansas.
Delivery lead times and inventories remained in growth territory in May.
Creighton’s group has tracked this nine-state index monthly since 1994.
The study covers Arkansas, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, Oklahoma and South Dakota.

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#2 out of 2

May index for the nine-state region rose above growth neutral at 54.4, signaling solid regional manufacturing momentum.
Employment in the region weakened, with job losses in manufacturing compared to prior months.
Wholesale prices climbed, with the May gauge at 81.7, the highest since July 2022.
The index attributes inflation expectations to energy costs and global tensions affecting input prices.
Confidence in six-month outlook remained weak, with the May Business Confidence Index at 42.3.
Regional inventories rose modestly, signaling some replenishment amid ongoing disruptions.
New orders remained above growth neutral, but export orders cooled below prior levels.
Trade softness persisted as export orders remained below growth neutral for nine months.
State reports show mixed results, with Minnesota and Nebraska edging higher while Missouri and North Dakota faced declines.
Creighton’s report is independent of the national ISM and tracks nine-state regional trends.
The report covers nine-state region: Arkansas, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, Oklahoma, and South Dakota.

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