A monthly survey points to positive, but somewhat slower economic growth for the region over the next three to six months. The monthly Mid-America Business Conditions Index is a leading economic indicator for South Dakota and eight other states. It was a solid 55-point-6 in June, a slight dip from the May survey. Doctor Ernie Goss, Creighton University Economics Professor, oversees the monthly report…
He expects that trend to continue. He says employment numbers were
OK but not great…
Goss says the sequester cuts are beginning to have some impact in the
region but the bigger blow last month came from the bump in interest rates…
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He says by historical standards, interest rates are still very good.