The Institute for Supply Management, formerly the Purchasing Management Association, began formally surveying its membership in 1931 to gauge business conditions.
The Creighton Economic Forecasting Group uses the same methodology as the national survey to consult supply managers and business leaders. Creighton University economics professor Ernie Goss oversees the report.
The overall index ranges between 0 and 100. A figure greater than 50 indicates an expanding economy over the next three to six months.
Here are the state-by-state results of the May survey in the Mid-America region:
_ Arkansas: For the fifth straight month, the …
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