Mid-American Economy

Recent Survey Results

Mid-America Manufacturing Sector Improves
Despite Manufacturing Job Losses and High Inflation 

June 2026 Survey Highlights:

  • The overall index moved above growth neutral for a fifth straight month.
  • The nine-state region lost manufacturing jobs for the 13th time in the past 15 months.
  • U.S. Bureau of Labor Statistics data show that over the past 12 months, the region lost 15,000 (-1.0%) manufacturing jobs while the nation has shed 47,000 (-0.4%) manufacturing jobs.
  • Regional food processing firms shed 8,000 jobs, approximately 3.4% of the industry’s employment base over the past 12 months. Nebraska accounted for 48.9% of regional food processing job losses over the period.
  • Due to significant food processing job losses, Missouri and Nebraska accounted for almost 68% of regional manufacturing job losses.
  • The June price gauge climbed to a level indicating significant wholesale inflationary pressures, further undermining any chance of a rate cut by the Federal Reserve at its July meeting.
  • More than one-third of supply managers indicated that their firm was passing along 100% of costs hikes from tariffs and the Iranian War to their customers.