Kansas economy pointed up in Creighton survey

Leading indicators show growth in the Kansas economy for the fifth time in six months, according to a monthly regional survey by Creighton University.

The Business Conditions Index for Kansas rose to 53.2 from 48.4 in December. A number over 50 indicates growth.

Components of index were new orders at 57.2, production or sales at 54.4, delivery lead time at 61.1 and inventories at 52.2. Employment, however, showed more contraction at 41.5.

"We are beginning to see upturns in the state's durable and nondurable goods producers," said study author Ernie Goss, a professor at Creighton. "Continuing global economic expansion combined with a relatively cheap U.S. dollar will be very positive for Kansas growth prospects for the first half of 2011. Of our nine survey states, Kansas is the most dependent on international markets."