9/3/20 – Ernie Goss on the Economy

Midwest Manufacturers have indicated an upswing in their economic sector in August.  Survey author Ernie Goss says the region’s growth index expanded to its highest level in two years.

Ernie Goss says the region is trying to recover from heavy job losses.

Goss says employment is up in the nine states he surveys, including Iowa, but there’s a persistent problem which existed before coronavirus.

Dr. Goss says the manufacturing sector is not back to normal but will get back to pre-coronavirus levels.  That will not be the case for the leisure and hospitality industries.  This sector was devastated by coronavirus closures.