Survey Says Midwest Economy Tepid; Job Losses Coming

OMAHA, Neb. (AP) - A survey of business executives suggests economic activity in the Midwest and Plains is still reflecting the national troubles, showing weak growth and job losses.

The August Mid-America survey report for the nine-state region that includes Kansas says its overall economic index dipped to 51.4, down a tenth of a point from July. Kansas' overall index hit its highest mark since August 2007, soaring to 56.8 last month.

The index ranges between 0 and 100. A score above 50 indicates a growing economy over the next three to six months.

The survey projects that the Kansas unemployment rate will likely rise two-tenths of a point before stabilizing by the end of the year.

The survey gets input from supply managers and business leaders in Arkansas, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, Oklahoma and South Dakota.


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