Mountain States Economy Dips Slightly

Mountain States Economy Dips Slightly

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DENVER (AP) -- A monthly survey found the economy in the Utah-Colorado-Wyoming area dipped slightly last month despite strong export orders helped by a weak dollar.

Creighton University's monthly survey of supply managers and business leaders found businesses reported more orders -- both domestic and export.

The overall index for the three-state region dropped to 60-point-three from December's reading of 66-point-four. Anything above 50 indicates growth.

In Utah, the index dipped to 62-point-five from 63-point-three. New orders were a strong 78-point-six production was 58-point-three and employment was 55-point-five. Durable goods and nondurable goods manufacturers both reported strong January conditions.

(Copyright 2005 by The Associated Press. All Rights Reserved.)

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