OMAHA, Neb. (WOWT) – A new economic report from Creighton University shows suppliers are becoming more worried about tariffs.
According to the Creighton Mid-America Business Conditions Index, one in 10 supply managers surveyed expect economic conditions to improve over the next 6 months. Meaning 90% of those managers are prepared for the economy to get worse as they navigate tariff impacts on supply.
Creighton Professor of Economics Dr. Ernie Goss tells First Alert 6, Midwest supply managers expressed concern tariffs were pushing import prices higher. Tariffs against countries like China have impacted buying power on some of these supplies.
“It has not shown up at the consumer level but it has definitely show up at the wholesale level,” said Dr. Goss. “The producer price index, which is essentially a wholesale price index, that was a significant bump up last month.” Dr. Goss…
