The Creighton University Mid-America Business Conditions Index fell to 54.9 from September’s strong 57.5. This is the 23rd straight month the index has remained above growth neutral of 50.0, but dropped to the lowest reading since January 2017. Creighton University Economist Ernie Goss says there are still enough positive signs in Kansas to keep the state’s number above growth neutral for now.
Goss thinks the federal reserves will be more patient raising rates then they say they will be. He expects one more hike in December.
