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Regional Economist Expressing More Fears Over Possible Recession

February 01, 2023 Steve Schwaller

(Undated)– A survey of Midwest business leaders says wage increases for regional workers in January was eaten up by inflation. Creighton University Economist Ernie Goss…

“When you adjust for inflation it’s minus 2.2 percent. So that was a surprise. That’s not good, of course.”

Goss says January’s nine-state survey of regional business leaders is also showing negative growth for a third straight month. He says about 60 percent of supply managers in the survey expect the economy to slump into a recession in 2023