- Associated Press - Monday, January 4, 2016

The Institute for Supply Management, formerly the Purchasing Management Association, began formally surveying its membership in 1931 to gauge business conditions.

The Creighton Economic Forecasting Group uses the same methodology as the national survey to consult supply managers and business leaders. Creighton University economics professor Ernie Goss oversees the report.

The overall index ranges between 0 and 100. Growth neutral is 50, and a figure greater than 50 indicates an expanding economy over the next three to six months.

Here are the state-by-state results for December:

Arkansas: The state’s overall index sank to 40.1 from November’s 42.1. Components of the index from the monthly survey of supply managers were new orders at 35.1, production or sales at 35.8, delivery lead time at 47.9, inventories at 44.1 and employment at 37.6.

Iowa: The overall December index declined to 41.2 from 42.3 in November. Components of the December index were new orders at 36.0, production or sales at 36.8, delivery lead time at 45.4, employment at 38.6 and inventories at 49.2.

Kansas: The overall Kansas index slipped to 41.7 from November’s 42.6. Components of the December index were new orders at 36.5, production or sales at 37.3, delivery lead time at 49.8, employment at 39.1, and inventories at 45.9.

Minnesota: The state’s overall index slumped to 39.4 from 41.1 in November. Components of the index were new orders at 34.5, production or sales at 35.2, delivery lead time at 47.1, inventories at 37.0 and employment at 43.4.

Missouri: The overall index for Missouri dropped to 38.9 from November’s 41.9. Components of the December index were new orders at 45.6, production or sales at 39.5, delivery lead time at 41.4, inventories at 43.2 and employment at 39.8.

Nebraska: The state’s overall index remained below growth neutral 50.0 for the sixth straight month, dipping to 43.5 in December from 43.6 in November. Components of the index were new orders at 35.0, production or sales at 38.5, delivery lead time at 49.0, inventories at 40.9 and employment at 42.1.

North Dakota: The overall index for North Dakota slipped to a regional low 35.5 from 36.9 in November, also a regional low. Components of the overall December index were new orders at 31.0, production or sales at 31.7, delivery lead time at 42.3, employment at 33.2 and inventories at 39.0.

Oklahoma: The state’s overall index remained below growth neutral for an eighth straight month, falling to 35.5 in December from 37.5 in November. Components of the index were new orders at 35.4, production or sales at 36.2, delivery lead time at 48.3, inventories at 44.6 and employment at 38.0.

South Dakota: For a third consecutive month, South Dakota’s overall index remained below growth neutral 50.0. The index rose slightly in December to 40.2 from 39.6 in November. Components of the index were new orders at 35.2, production or sales at 35.9, delivery lead time at 48.0, inventories at 44.3 and employment at 37.7.

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