Iowa’s economy grows with stronger manufacturing performance
August 2, 2022
Iowa’s economy improved in July as durable goods manufacturers reported solid growth, according to a monthly survey of supply chain managers.
Despite the improved performance, Creighton University’s MidAmerican Business Conditions Index, released Monday, contained forecasts of continued inflation and low economic confidence.
The report showed that Iowa’s index score for July increased to 57.4, up from 53.4 in June. For the nine-state region, the index score rose to 59.8, up from 58.6 in June.
