YOUR BUSINESS AUTHORITY

Springfield, MO

Missouri manufacturing hits 13-year high point

Posted online
Missouri manufacturing last month hit a 13-year high point on the Purchasing Managers’ Index within the monthly Mid-America Business Conditions Survey.

Manufacturing in the Show-Me State reached a total of 66.8, up 13.1 points from January. A score over 50 indicates an expanding economy. The survey conducted by Creighton University in Omaha, Nebraska, tracks manufacturing industry metrics, including new orders, production, supplier delivery times, backlogs, inventories, prices, employment, import orders and exports, according to a news release.

Missouri’s February indexes included:
    •    73.7 in new orders;
    •    76.3 in production;
    •    73.5 in employment;
    •    57.2 in delivery time; and
    •    53.4 in inventory.

The national PMI in February ticked up 1.7 points to 57.7, according to the release.


[[In-content Ad]]

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick

Meet this year’s class of Trusted Advisers

Virginia Fry is the judge’s choice for the 2018 Legacy Adviser.

Most Read
SBJ.net Poll
How will you vote on Proposition A in Missouri's Aug. 7 primary election?

View results