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.