Economic Outlook

Recent Survey Results

Mid-America Index Advances Above Growth Neutral for Third Straight Month, Price Gauge Surges to Two-Year High

One in Three Supply Managers Reported Stockouts from Iran War

April 2026 Survey Highlights:

  • The overall index rose above growth neutral for a third straight month.
  • The nine-state region added manufacturing jobs for a second consecutive month.
  • The April price gauge climbed to its highest level in two years.
  • One in three supply managers reported that the Iran war/conflict was producing stockouts for inputs to their firm. These shortages pushed input prices higher.
  • As reported by one supply manager in April, “The war certainly has a global impact and provides reasons for logistics, energy, fertilizer and other markets to take advantage and raise prices.”
  • Supply managers expect input prices to spike by 5.3% over the next six months.

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