Factory supply managers in Minnesota expressed optimism about the economy in a survey conducted last month.
The Creighton University Business Conditions Index for Minnesota pointed to economic expansion for a 13th straight month in January. It did, however, slip to about 58 from December's reading of 59. Scores above 50 signal economic growth.
Durable and nondurable manufacturers in Minnesota are enjoying healthy improvements, Creighton University economist Ernie Goss said. The construction business also continues to improve, though it's still not back to pre-recession levels, he added.
A national survey of manufacturing executives from the Institute for Supply Management also dipped last month. Some of the respondents to the national survey cited bad weather conditions as a factor that hurt business in January, as bad weather shut down truck lines.