8legs: Mid-america region, usa

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Mid-America manufacturing continues economic growth, productivity gains

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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