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4:51 pm
Mon July 2, 2012

Economy slowing in 9 Midwest, Plains states

Peggy Lowe Harvest Public Media

A new monthly survey suggests the economy in nine Midwest and Plains states will continue to slow down but continue growing even as Europe's woes persist.

The region's overall economic index dipped to 57.2 in June from May's 57.6 and April's 60. Any score above 50 suggests growth.

Creighton University economist Ernie Goss says businesses in the region are still benefiting from healthy farm income and exports, but the activity is slowing.

Global economic problems are hurting export orders.

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