Vol. 122, No. 16 A Newspaper of General Circulation April 22, 2019
 
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Kansas economy better by 3.6% last month
Kansas’s economy improved by 3.6% in March, according to the Institute for Supply Management. The state’s overall index hit 55.2 in March, compared with 53.3 in January. The overall index ranges between 0 and 100. Growth neutral is 50, and a figure greater than 50 indicates growth in that factor over the next three to six months.  
Index components were new orders at 56.8, production or sales at 60.5, delivery lead time at 58.6, employment at 56.2 and inventories at 55.2. In 2018, Kansas exported $1.4 billion in agriculture commodities, which represented a 12% decline from 2017. “In 2018, the export of agriculture commodities produced $4.1 billion in overall economic activity in the state, supporting a total of 19,500 jobs,” said Creighton University economics professor Ernie Goss, who oversees the report.  
Here are the March results for other Midwestern states:  
Arkansas: The overall index for Arkansas rose to 61.6 from February’s 56.6. Index components were new orders at 61.8, production or sales at 65.5, delivery lead time at 66.5, inventories at 55.3 and employment at 59.1. “In 2018, Arkansas exported $451.6 million in agriculture commodities, which represented a growth of 21.8% over 2017 levels,” Goss said. In 2018, the export of agriculture commodities produced $1.3 billion in overall economic activity, supporting a total of 6,300 jobs in the state.  
Iowa: Iowa’s overall index climbed to 57.8 last month from 56.9 in February. Index components were new orders at 61.2, production or sales at 58.6, delivery lead time at 59.5, employment at 53.3 and inventories at 51.6. “In 2018, Iowa exported $2 billion in agriculture commodities, which represented a growth of 31.9% over 2017 levels,” Goss said. In 2018, the export of agriculture commodities produced $5.9 billion in overall economic activity in the state, supporting a total of 28,400 jobs.  
Minnesota: Minnesota’s overall index declined slightly to 53.0 in March from 53.4 in February. Index components were new orders at 55.7, production or sales at 54.6, delivery lead time at 56.5, inventories at 50.9 and employment at 51.3. Minnesota exported $540.1 million in agriculture commodities last year – a 17% decline from 2017 levels. “In 2018, the export of agriculture commodities produced $1.6 billion in overall economic activity in the state, supporting a total of 7,500 jobs,” he said.  
Missouri: The March overall index for Missouri inched up to 57.3 from February’s 57.0. Index components were new orders at 58.2, production or sales at 60.5, delivery lead time at 61.4, inventories at 51.1 and employment at 55.1. “In 2018, Missouri exported $521.5 million in agriculture commodities, which represented a growth of 2.7% over 2017 levels,” Goss said. The export of agriculture commodities last year produced $1.5 billion in overall economic activity in the state, supporting a total of 7,300 jobs.  
Nebraska: Nebraska’s overall index jumped to 57.1 in March from 52.4 in February. Index components were new orders at 58.0, production or sales at 60.4, delivery lead time at 61.2, inventories at 50.9 and employment at 55.0. “In 2018, Nebraska exported $1 billion in agriculture commodities, which represented a growth of 8.4% over 2017 levels,” Goss said. The export of agriculture commodities produced $2.9 billion in overall economic activity in the state, supporting a total of 14,000 jobs.  
North Dakota: The state’s overall index hit 55.0 in March, compared with 51.6 in February. Index components were new orders at 56.3, production or sales at 58.8, delivery lead time at 58.0, employment at 53.1 and inventories at 48.9. “In 2018, North Dakota exported $516.4 million in agriculture commodities, which represented a growth of 8.6 percent over 2017 levels,” he said. The export of agriculture commodities last year produced $1.5 billion in overall economic activity in the state, supporting a total of 7,200 jobs.  
Oklahoma: Oklahoma’s overall index plummeted in March to a still solid 53.9 from 58.1 in February. Index components were new orders at 56.7, production or sales at 55.4, delivery lead time at 57.6, inventories at 57.6 and employment at 52.1. “In 2018, Oklahoma exported $311.7 million in agriculture commodities, which represented a growth of 39.5 percent over 2017 levels,” Goss said. The 2018 export of agriculture commodities produced $910 million in overall economic activity in the state, supporting a total of 4,300 jobs.  
South Dakota: The overall index rose to a regional high of 70.8 last month for South Dakota from February’s 68.7, also a regional high. Index components were new orders at 69.4, production or sales at 75.9, delivery lead time at 64.0, inventories at 77.0 and employment at 67.5. “In 2018, South Dakota exported $64.8 million in agriculture commodities, which represented a whopping growth of 50% over 2017 levels,” Goss said. In 2018, the export of agriculture commodities produced $189.1 million in overall economic activity, supporting a total of 900 jobs in the state.  
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