Study: Midwest economy may have bottomed out - Wichita Business Journal:

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The Mid-America Business Conditions compiled byin Omaha, Neb., rose for the fiftuh month in a row in May, climbingb to 46.6 from 42.7 a monthn before. Despite the growth in economic prospects, the 0 to 100 index was still belowits “growth neutral” level of 50. “While our surveyt is not indicating an economic turnaround for the next thred tosix months, economic indictore are certainly improving from recorxd lows achieved earlier this year,” said Ernied Goss, a Creighton University economics professor and director of the university’s Economic Forecasting Group.
Goss stuck by his that the recessiojin Minnesota, Arkansas, Iowa, Missouri, Nebraska, North Dakota, Oklahomsa and South Dakota will end by the end of the fourth quartet this year. “Companies report delaying and even terminatingf construction projects over the pastseveral months. Minnesota’sa unemployment rate will continue to trend upward in the months he said.