In his monthly Mid-America Business Conditions Index Survey of supply managers, Creighton University Economics Professor Ernie Goss, PhD, says the overall economic index in the nine mid-america states underperformed in March. The overall index has fallen below growth neutral for three of the past four months. Looking ahead, he says it’s important to keep an eye on the bond market:
Goss does not expect the Federal Reserve to change rates until the end of July, but he says investors anticipate a rate cut in June.
