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New Report Indicates Midwest Headed For Economic Slump

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A new report out suggests an economic slump over the next three to six months for nine Midwest and Plains states. The Mid-America Business Conditions index dropped to 46.5 last month down significantly from 50.4 in September. Survey organizers say any score above 50 suggests growth while a score below 50 suggests decline. The survey includes Minnesota, Iowa, and the Dakotas.