(Omaha, NE) –The Creighton University survey of business leaders and supply managers in Iowa and eight other Midwestern states finds “rampant” inflation driving up prices.
Creighton University economist Ernie Goss says consumers are having to pay more for a range of products while hiring levels aren’t yet back to where they were before COVID-19 hit.
The regional economy’s overall performance numbers fell slightly during July, as did Iowa’s figures, though Goss says they’re still strong and show the economy is continuing to expand at a solid pace.