Economic Outlook

Economic Outlook

Contact Information

Economic Outlook
Heider College of Business
Creighton University
Omaha, NE 68178

Email: economicoutlook

Recent Survey Results

Mid-America Economy Ends on Healthy Note: One-Third Expect Bottlenecks to Worsen in 2022

December survey highlights:

* Creighton’s regional Business Conditions Index climbed into a range indicating very healthy manufacturing growth.
* Supply chain delays worsened in December.
* Approximately one-third of supply managers expect supply chain disruptions to get worse for the first six months of 2022.
* Economic confidence soars off weakness in November.
* Approximately half of supply managers expect the Omicron strain of Covid-19 to slow deliveries.

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Rural Mainstreet Starts Year Off Strong: Soaring Farm Input Prices Greatest Threat for 2022

January Survey Results at a Glance:

* Overall index moved above growth neutral for the 14th straight month indicating healthy, consistent growth for the region.
* Bank CEOs overwhelmingly named rising farm input prices, such as fertilizer outlays, as the top 2022 farm threat.
* On average, bank CEOs expect the Federal Reserve to raise short-term interest rates by 0.70% (70 basis points) in 2022.
* Approximately 18.5% of bankers expect four or more one-quarter percentage point rate hikes in 2022.
* Over the last several months, surveys have recorded the fastest pace of agricultural equipment sales since Spring of 2011.

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