The Mid-America Business Conditions index

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Iowa Gov. Kim Reynolds has signed an emergency declaration designed to offer an array of relief to state residents as efforts to slow the spread of the coronavirus also slow the economy. 

The state public health emergency declaration, among other things, temporarily suspends collection of property taxes, some home evictions, and certain regulation fees and penalties. It also allows bars and restaurants to sell unopened bottles of alcohol for consumption off-premises. 

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Worries about a new virus that's infected tens of thousands of people globally are making a mark on the economy of a nine-state region in the Midwest and Plains. 

A new survey report says the Mid-American Business Conditions Index sank in February to 52.8 from 57.2 in January. Creighton University economist Ernie Goss oversees the survey, and he says the softer reading and the economic harm from the virus should concern policymakers. Survey organizers say any score above 50 suggests growth. A score below suggests a decline. 

On this week's program, we will hear from the author of a new book that tells the wide-ranging history of the Lakota people, who have lived in Missouri River Valley for hundreds of years.

Also, we have an interview with presidential candidate and South Bend, Indiana Mayor Pete Buttigieg. Buttigieg spoke with the hosts of the podcast We Are Not A Monolith Ike Rayford and Shelby Pierce at the Siouxland Public Media studios last week.

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Minnesota and the Dakotas have seen snow and rain in recent weeks that have hampered an already difficult harvest. But much of the Corn Belt has somewhat recovered from heavy rains in the spring and summer, with experts predicting good yields from what did get planted.  

Steve Nicholson, a grains and oilseeds analyst with Rabobank in St. Louis, says that even though many farmers are still struggling, he believes the markets would be a lot more unsettled if a total disaster was looming.

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A Polk County judge has ruled the state of Iowa can require voters to show an ID at the polls but struck down other parts of the 2017 voting law as unconstitutional.

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 Slow or no economic growth is expected over the next several months in nine Midwest and Plains states, according to a  new report from business supply managers. 

The report issued today says the Mid-America Business Conditions Index dropped below growth neutral in August, hitting 49.3 compared with 52.0 in July. The index had remained above growth neutral for 32 straight months.

Creighton University economist Ernie Goss blamed the slowdown on weak farm and manufacturing sectors, produced in part by tariffs and a global economic slowdown.

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The ongoing trade dispute with China is likely to cost Nebraska’s farmers $943 million in lost revenue this year, according to the Nebraska Farm Bureau. However, the bureau says those losses will be partly offset by aid payments from the government.

But, the bureau says the lost revenue will add to the financial pressure on farmers in the state and hurt Nebraska's economy.

And the global economic slowdown and restrictive tariffs are part of the reason for stalled growth in nine Midwest states.  

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A new report suggests slow or no economic growth over the next several months in nine Midwest and Plains states.

The report issued today says the Mid-America Business Conditions Index dropped below growth neutral in August, hitting 49.3 compared with 52.0 in July. The index had remained above growth neutral for 32 straight months.

Creighton University economist Ernie Goss oversees the survey, and he blamed the slowdown on weak farm and manufacturing sectors, produced in part by tariffs and a global economic slowdown.

An August survey of business supply managers suggested slow or no economic growth over the next several months in nine Midwest and Plains states, in part because of trade skirmishes.   

The Mid-America Business Conditions index dropped below growth neutral in August to hit 49.3, compared with 52.0 in July.

The index had remained above growth neutral for 32 straight months.