That’s how Creighton University professor Ernie Goss describes his latest Mid-American Business Conditions Index.
The index comes from a survey of supply managers in the Mid-American region, that includes North Dakota.
Under the formula, an index under 50 indicates an economic slowdown – and the region’s index slumped to 49.1.
North Dakota’s index remained barely above growth neutral, at 50.1
"Things are really slowing down right now," Goss said in an interview. "We're seeing it in our region, in North Dakota, and across the US."