Economic Outlook

Recent Survey Results

Mid-America Manufacturing Index Falls Below Growth Neutral

Wholesale Inflation Gauge Drops to 2025 Low 
 

November 2025 Survey Highlights:
  • For the third time in the past five months, the Mid-America Business Conditions Index moved slightly below growth neutral.
  • The regional manufacturing sector shed jobs for the eighth straight month.
  • Approximately, 40% of supply managers indicated their wage growth over the past year had been less than the increase in the cost-of-living.
  • The November wholesale price gauge declined to its lowest reading this year.
  • Both imports and exports remained weak.
  • For September and October of 2025, the average weekly number of workers in the nine-state region receiving unemployment compensation was 3.7% higher when compared to the same period in 2024.

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