Statewide Iowa — The Creighton University survey showed good growth for Iowa and other states in the middle of the country — but there are concerns about what is ahead.
Creighton economist Ernie Goss says he was surprised at the Business Condition Index for March — which is figured on a 100 point scale.
He says 50 represents growth neutral on the scale. Goss says Iowa and the other states in the survey region are doing better than the country as a whole.
Goss says there are ongoing concerns.
Goss says there has been an expansion of businesses, but only Arkansas is back to employment levels before the pandemic. He says the economy is likely to slow.
Iowa’s individual Business Conditions Index for March rose to 75-point-six from 60-point-six in February. Over the past 12 months, the report says Iowa’s average hourly manufacturing wages expanded by three-point-seven percent — eighth highest among the nine states.
