The December economy surged ahead along posturing a positive business confidence entering 2022
January 4, 2022 – With manufacturing, exports and imports closing 2021 on a positive note, purchasing managers indicated that they expect an increase in new export orders in the first half of 2022, according to the latest business reports.
This was echoed by the Creighton University Mid-America Business Conditions Index, a leading economic indicator for the nine-state region stretching from Minnesota to Arkansas.
According to Creighton’s Ernie Goss, Ph.D., “Despite supply chain bottlenecks, new export orders index surged ahead to 60.1 from November’s 56.7, while the regional import reading climbed to 61.2 from 50.1 in November.”
Nationally, December trade numbers continued to show growth citing both new export orders and imports. “While supply chain issues affected many small to medium-sized enterprises (SME) manufacturers this past year, both exports and imports held their ground in 2021,” said Frederick Baehner, publisher of IBNewsmag.