Mid America Economy numbers show decline for the first time since May of 2020

OMAHA, N.E.(WNAX)- The latest monthly survey shows the economy continues to slow across the region.

Creighton University economics professor Ernie Goss says signs are pointing toward a contraction.

Goss says business managers are seeing lots of problems.

Goss says there are also long term issues.

Goss says he expects another interest rate hike from the Federal Reserve Board later this month.