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Citizens finds recovery continues in Q1 - Grand Rapids Business Journal

Growth in Iowa economy continues despite lagging employment numbers

Growth in Iowa economy continues despite lagging employment numbers BY MICHAEL CRUMB, Senior Staff Writer Tuesday, May 4, 2021 11:04 AM Despite lagging employment numbers, Iowa’s economy grew slightly in April behind strong performance in production and sales and in new orders, according to a monthly survey of supply chain managers released this week. Creighton University’s Mid-American Business Conditions Index showed that Iowa’s index for April rose to 67.9, from 66.5 in March. The Business Conditions Index is a mathematical average of indexes for new orders, production or sales, employment, inventories, and delivery lead time. It ranges from between zero and 100, with an index of greater than 50 indicating an expanding economy over the next three to six months.

MIER report: Business conditions index up 28 8pc y-o-y | Money

Thursday, 22 Apr 2021 11:51 AM MYT KUALA LUMPUR, April 22 ― Malaysia’s Business Conditions Index (BCI) increased by 28.8 points year-on-year (y-o-y) to 111.8 points in the first quarter ended March 2021 (Q1 2021), indicating that manufacturers had regained their confidence since the outbreak of the Covid-19 in Q1 2020. The Malaysian Institute of Economic Research (MIER) said the expansionary mode was also partly driven by the recovery in the domestic and global economy, the launch of the National Covid-19 Immunisation Programme, and the provision of the economic stimulus packages to manufacturers. On a quarter-on-quarter (q-o-q) basis, MIER said the BCI slipped 3.6 points to 111.8 points, attributed to the decline in sales following the drop in domestic and external orders, as well as the falling production due to lower demand from local and foreign sources.

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