Mountain States' Economy Rebounding, Study Shows

Denver (AP) Colorado, Wyoming and Utah are on track to post
their strongest job growth in years, because of an improving economy, and a monthly analysis of business conditions predicts the growth will continue. Creighton University Professor Ernie Goss of Omaha says nearly 51,000 jobs have been added in the region since January.

The Omaha, Nebraska–based school's mountain states index set a record of 72.4 in July, up from 71 in June. The July employment index was 71.7, up from 65.

Goss directs the Creighton Economist Forecasting Group, which conducts a monthly survey of supply managers in the three states to compile the index. The index ranges from zero to 100, with an index greater than 50 indicating an "expansionary economy."

Copyright 2005 by the Associated Press. All rights reserved.
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