In his monthly Mid-America Business Conditions Index, survey of supply managers, Creighton University Economics Professor, Ernie Goss, says the Economic Index for April was reasonably good, but down from March. He says the market is slowing down but still adding jobs and pay raises are up about 4%, which sounds weak, but is better than six months ago:
Regarding inflation, Goss expects the Federal Reserve to raise interest rates by a quarter of one percent at its next meeting.
