Economic Outlook

Recent Survey Results

Mid-America Business Conditions Index sank to its lowest level for 2025.
The regional manufacturing sector shed jobs for the ninth straight month.
The wholesale inflation gauge has moderated over the last several months.
Approximately, 37.5% of manufacturing supply managers oppose 2025 tariff increases.
On average, supply managers expect wage growth of 3.0% over the next 12 months, or approximately, equal to inflation at the consumer level.
Both export and import readings slumped below growth neutral.
According to U.S. International Trade Administration (ITA) data, regional manufacturing exports for the first three quarters of 2025, compared to the same period in 2024, fell by 5.5%.