Expert: Shutdown hurt Midwest business conditions

money stock market(AP) — A business conditions index for nine Midwest and Plains states has dropped after rising the previous two months.

The overall Mid-America Business Conditions Index plunged to a growth neutral 50.0 in October from 54.8 in September.

Creighton University economist Ernie Goss oversees the survey, and he says the partial government shutdown and slower business activity for firms tied to agriculture pushed overall economic conditions lower for the month.

The survey results are compiled into a collection of indexes ranging from zero to 100. Survey organizers say any score above 50 suggests growth, while a score below that suggests decline.

The survey covers Arkansas, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, Oklahoma and South Dakota.


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  • Chief59

    Everyone was warned this would happen. Nobody stopped it. Politics as usual.

  • Yahooserious

    Good job Tea Party. You really have the farmers/business’s back, er I mean the shirt of their backs.

    • stone_cold_steve_austin

      You are obviously an intelligent person. Put some thought into it and come up with something better than blaming the Tea Party for this. In all honesty, there is plenty of blame to go around. Do you honestly think that any of Washington cares about the future? In my opinion, they only care about the month of November on even number years. It is all about re-election. Plain and simple. Left, right, conservative, moderate, tea party, nutbags…..whatever we want to call them, they only care about their re-election.

      The debt ceiling is a simple game they play to get everyone’s attention. It will be raised every time the vote comes up. They will NEVER freeze the ceiling until spending cuts/raised taxes are complete. But there is no fun in that and it also jeopardizes any re-election bid.

      Don’t you find it ironic that the ACA is being proclaimed as ” the law of the land” by the democrats, but when it comes to the debt ceiling (which is also the law of the land) that fact is ignored. Goes both ways. Republicans have been no better.

      Look at the basic standards of the Tea Party and tell me which of their simple bylaws that you truly in your heart disagree with. Don’t get caught up in the what ifs and buts. Just read the statements as they are and tell me what is not the truth.

      1. Illegal aliens are here illegally.
      2. Pro-domestic employment is indispensable.
      3. A strong military is essential.
      4. Special interests must be eliminated.
      5. Gun ownership is sacred.
      6. Government must be downsized.
      7. The national budget must be balanced.
      8. Deficit spending must end.
      9. Bailout and stimulus plans are illegal.
      10. Reducing personal income taxes is a must.
      11. Reducing business income taxes is mandatory.
      12. Political offices must be available to average citizens.
      13. Intrusive government must be stopped.
      14. English as our core language is required.
      15. Traditional family values are encouraged.

      • Chief59

        1. Net immigration is at 0. Immigrants do the jobs we don’t want. Immigrants are an essential part of the economy. If we don’t want them to be ILLEGAL immigrants, then a path to citizenship must be a viable option.

        3. Yes, to a point. Do we really need a military bigger than the next 6 or so nations combined?

        5. Sacred? It is a right, but why is the ability to own a gun “sacred” and other rights are not? Why the distinction?

        6. To a point, yes.

        9. Saved MILLIONS of automaker jobs.

        10. Agreed.

        11. So personal income tax reduction is a must, but it’s MANDATORY to reduce it for corporations??????

        14. It already is. Saying otherwise is being a bigot.

        15. Traditional family values such as “one man, one woman”? That’s awfully discriminating.

        Honestly, when the Tea Party first came about, I thought they would be a good thing. Who doesn’t like lower taxes for the citizens of this country. However, that faded quickly. Once people like the Koch brothers started injecting money into the “grassroots” Tea Party, it became about something other than taxes. The Tea Party has now been filled with racists, zealots, bigots, and the least intelligent people either party has to offer.
        One of the above tenets is that ordinary people should have a path to office. I agree fully with that, except that the TP has made it possible for people who SHOULD NOT be elected to any office to have a viable path. Actual Republicans are not only getting primaried, but losing big to TP candidates that don’t know what they are doing. Look at how many of them don’t even actually know what the debt ceiling is!

        I’m all for what the Tea Party SHOULD BE. I am vehemently against what it actually is.

        • A_citizen_patriot

          So if a company makes a bad business decision and goes bankrupt. Then they should be bailed out due to the fact they have thousands of employees?

          • Chief59

            No, just saying that it did result in millions of saved jobs. There were several banks that went under, and I was happy to see them go. However, as bad as Detroit is now, it would have been significantly worse had the auto industry not been saved.I wasn’t saying I agreed with it, but that was a positive result, especially considering GM actually paid the money back.

          • A_citizen_patriot

            What burns me about the whole thing is that if my business goes under then, tough. If a business goes under and there is a production void, then another will take its place. But the bigger companies are “too big to fail” what a load of crap.

          • Chief59

            I agree with you. It sucks that big businesses get every break imaginable, and small business gets the shaft. That is partially why I get so upset with this Republican congress. While both parties bend over for big business, one in particular does everything they can to give the big guys bigger and bigger breaks, all the while saying, “don’t worry, those savings will trickle down to everyone else”. Bullsh#t.

          • A_citizen_patriot

            Well look at the new health care law, its the same thing. You have uninsured people getting insurance for the first time, and you have some people that wont get insurance since there old plan got canceled and they cant afford the new obamacare plans.


          • Chief59

            Except that there are very affordable plans. Yes, some people are going to have to pay more for a comparable plan. Some. I can’t find the link, or I’d post it, but it was in the neighborhood of 5% of people are going to be affected by having their insurance dropped and the new plan will be more. That sucks, and the administration did a stupid thing by guaranteeing that everyone could keep their plan. Flat out stupid. However, you take away that and the fact that the website was terrible at first (been on it since and it is light years better) and the law is overall successful. Millions will get insurance, pre-existing conditions don’t keep you from being insured, and insurance companies can’t screw you. That’s the biggest reason people are being dropped. Their current plans are so bad, companies have to get rid of it. That isn’t necessarily a bad thing when there are still affordable options available.

          • stone_cold_steve_austin

            You don’t really see the big picture. The insurance companies will still make there profits. The politician will still have their same plans. The ultra rich could care less because they will do what they need to keep their lifestye. The poor get another handout by having the subsidies. As before the ACA, the middle class gets hosed. Our rates go up to pay for the subsidies.

          • A_citizen_patriot

            Yeah but even though the plans may not have been the best, people could afford them. Now some people are losing their old plans and cant afford the new ones. How is it fair that some people lose coverage all together?

          • alexander

            “people could afford them.”

            Well, except from the millions and millions of people who couldn’t.

        • stone_cold_steve_austin

          What the Tea Party actually is would be your perception. If you think (as a whole) they are the devil, then you will label the entire thing as the devil. I have many Democratic friends. We agree on a lot of issues and obviously disagree on many. I don’t however alienate their beliefs just because we disagree. In my opinion, the main stream media made the Tea Party out to be racist gun toting maniacs so that it was most on the left and in the center see them as. I am sure that you remember the many peaceful demonstrations they had.
          It is a shame that any group become labeled as the Tea Party has. Obviously you have made your mind up and it is very closed. That is too bad because they (as well as all other areas of beliefs) have a lot to offer.

          • Chief59

            I was being honest when I said I was fine with them at the start. The people in the Tea Party that are still focused on that are fine. However, the party has been overrun with zealots. The larger direction of the party is no longer about taxation. It is about abortion, immigration, guns, stopping Sharia Law while trying to include more Christian beliefs into law, and birtherism is still alive and well in there. Look at Ted Cruz , for example. His dad was just out speaking on his behalf to Tea Partiers. He spoke about how Obama is a Marxist that needs to go back to Kenya. Crowd goes wild. There is no defending that. It’s not the party I have a problem with, it’s the maniacs that have infiltrated it. I know not everyone thinks like them, but that has become the loudest voice. Not all Tea Partiers are bad. The ones that are, however, are REALLY bad and dangerous.

        • stone_cold_steve_austin

          Again, just my opinion but the bailouts were one of the most discriminating processes in the history of our government. They chose the winners and the losers. All leaders in power from 2008 until 2013 will forever be in the hot seat because of this action.
          Even today’s administration is picking and choosing the winners with all the “no bid” contracts. The entire city of Washington participates in this form of discrimination.

          • Chief59

            I agree. It’s gone on forever. Look at all of the “no bid” contracts Haliburton got. Every politician is guilty. All of them. However, my larger point is that a very particular sect of politicians is worse than the rest. Tea Party politicians have been atrocious. They do not represent the views of the Tea Party itself. They are simply the hand picked and funded puppets of Koch Industries. I will occasionally think Rand Paul is sane and I’ll agree with him on something, but then he says something absolutely ignorant. The majority of the rest of them are so mind-numbingly stupid that I can’t even fathom how they ever received any votes in a primary, let alone a general election. Our own Huelscamp comes to mind.

          • stone_cold_steve_austin

            It is difficult to have an intelligent conversation when you become so partisan. Always bash the conservatives and find excuses for the democrats. Seems like that is a nation pattern. You use the president’s talking points very well.

          • Chief59

            Our current crop of Democrats are worthless. Seriously. They are the biggest group of p#ssies. They cave and cave and cave. I am not bashing conservatives. I am bashing a small group that happens to be conservative. There is a difference. There are several Republicans that I think are very good politicians and leaders. I really liked Michael Steele. I thought he was very level headed. He got run out of town for being too moderate/left. Conservatives are fine with me. Mainly fiscal conservatives. Nothing wrong with trying to save money. However, social conservatives have no place for me. Constantly trying to legislate their faith and eliminate the faiths of others, trying to say who has the right to do this or that, and then screaming when they feel their rights have been slighted. Again, I’m not bashing conservatives, just a select few that are part of a minority group. There is a huge difference. The Democrats have idiots too.

    • A_citizen_patriot

      The problem is, government has gotten too big. People need to stop playing politics and start caring about the direction that this country is headed.

  • passin_threw

    i think it’s pretty clear that both sides were at fault. however, the rest of the story in agriculture is that october is always a slow month for business as the producers are in the field harvesting their crops. if you’d look at the past october has always provided a downward trend

    • Yahooserious

      good info, but still. I obviously hurt.

      • Yahooserious


  • stone_cold_steve_austin
    • Yahooserious

      Funny sight. Very reliable I’m sure.

    • Chief59

      The polls on that site have me for a loss. As a liberal, I view the President as more moderate/conservative as ever. NSA spying,drone strikes left and right…I thought W left office in 2009. I’m curious who they actually polled, although I typically give trust to Gallup. Maybe it’s just due to the fact that we Americans are all so damned stupid.

      • stone_cold_steve_austin

        I am sure you have figured him out. He does whatever he damn well pleases. If it fits his agenda, he finds someone on the other side to blame. All presidents have their flaws. His is the lack of courage to take any blame. He has thrown plenty on both sides of the aisle under the bus.
        He has shown somewhat moderate tendencies when it comes to national security issues. I believe that the National Security issues are not really decided by the president behind closed doors. The decisions are made and they notify him what to tell the public. If you notice through the last several decades, that has been one of the only constant responses. Kill first and ask questions later. Err on the side of national security and deal with the consequences later.
        On fiscal and social issues, he is left as the left can be.