OMAHA, Neb. (AP) – For the first time in nearly two years, the overall Business Conditions Index for a nine-state region of the Midwest and Plains took a negative turn.  Today’s (Tuesday’s) report on the survey of supply managers and executives says the index dropped to 49.9 in October, compared with 52.2 in September. Organizers say any survey score above 50 suggests growth while a score below 50 suggests decline for that factor.

Creighton University economics professor Ernie Goss oversees the survey. He says one reading slightly below a growth-neutral 50 doesn’t signal a recession. But Goss says the October figure is evidence that the weakness in the national economy has hit the regional economy.

The states are Arkansas, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, Oklahoma and South Dakota.

ATLANTIC – Gronewold, Bell, Kyhnn & Co., P.C. CPAs have released an audit report on Cass County Memorial Hospital, Atlantic, Iowa. The auditors reported that the Hospital’s Unrestricted Funds revenues totaled $31,689,800 for the year ended june 30, 2011, a 3.6 percent decrease from 2010. The revenues included $27,909,900 in net patient revenue, $844,700 in other operating revenue, $1,989,600 from the county and $297,300 in interest on investments.

Expenses for the year totaled $31,057,600, a 3.3 percent decrease from the prior year, and included $5,976,800 for nursing services, $12,993,800 for other professional services and $8,077,000 for fiscal and administrative services. The decrease in revenues and expenses was primarily due to the Hospital discontinuing its home care and hospice services during the year.

There were no corrective measures indicated necessary for this audit. A copy of the audit report is available for review in the office of the Auditor of State and the Hospital Administrator’s office.

(Press Release from CCMH)

(5:00-a.m.) In an update to a story posted earlier this morning: A smoldering  ember from a controlled burn was the apparent cause of a fire early this (Monday) morning about four-miles west of Atlantic, that destroyed a machine shed on the Dave and Lynn Eckles farm  The fire at 57899 Indian Creek Street was reported by Lynn Eckles at around 2:25-a.m.

Atlantic Fire Chief Mark McNees told KJAN News the structure, which was basically a pole barn with metal sides, formerly used as a hog farrowing house, was fully engulfed in flames when firefighters arrived. The structure was close to three, nearby, recently filled propane tanks, so that was a concern as crews sought to keep the flames from spreading.

McNees said the Eckles’ had conducted a controlled burning of leaves in a grated pit area on Monday afternoon. It appears a spark from the fire made it’s way into another pile near the building and smoldered for some time, before erupting in flames. He declared the fire accidental in nature. No injuries were reported. Firefighters were on the scene for a little over two-hours. A dollar amount of the damage is not currently available, but McNees said there wasn’t much in the building that was lost.