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New report by Creighton shows economic growth

Posted: 9:31 AM, Mar 01, 2019
Updated: 2019-03-01 15:31:55Z
Creighton university

OMAHA, Neb. (KMTV) — A survey by Creighton University shows that business conditions rose to its highest level since September in February.

The Business Conditions Index, which ranges from 0 to 100, covering nine states, is a leading economic indicator for the nine-state region stretching from Minnesota to Arkansas. The February rating was 57.9, up from January's 56. This is the 27th straight month the index has remained above the growth neutral of 50.

In Nebraska, the February index was 52.4, up from January's neutral score of 50.5. The state was below neutral growth at the end of 2018.

Creighton economist Ernie Goss oversees the survey, and he says that Nebraska exported $462 million in goods to China in 2018, making them number five in the region. Goss adds that the exports to China supported approximately 4,600 jobs for the state in 2018.