Mid-American Economy

Mid-America Manufacturing Index Advances Above Growth Neutral

The overall Mid-America Business Conditions Index climbed above growth neutral.
The regional manufacturing sector shed jobs for the seventh straight month.
For the week ending on October 18, the insured unemployment rate for the region stood at 0.7%, compared to 0.6% for the same period in 2024.
On average, supply managers reported that tariffs had increased the prices of inputs that their firm purchased by 7.9% in 2025.
Approximately, 53% of supply managers that purchased inputs from abroad indicated that they had re-shored a portion of purchases from abroad.
In the October survey, only 35% of supply managers agreed with President Trump’s tariff policy.