Manufacturers in Minnesota remained fairly optimistic about economic growth last month, despite the partial shutdown of the federal government.
The Creighton University Business Conditions Index for Minnesota logged a reading of 55.2 in October. That was lower than the September reading. But any score above 50 indicates economic expansion in the coming months.
Minnesota’s index fared better than the overall mid-America region’s, which was stuck in neutral last month.
“Manufacturing growth in Minnesota is slowing but remains positive," Creighton University economist Ernie Goss said in a statement. "Firms are increasing hours worked rather than adding to their payrolls."
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