MID AMERICAN BUSINESS INDEX STILL DECLINING

More signs of a downturn in the economy from the December Creighton University Mid America Business Conditions Index.  A leading economic indicator in the nine state mid america region.  Creighton University economist Ernie Goss gives us the latest numbers.

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Goss asked respondents their opinions of a pending recession.

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Goss said one positive note is the hiring in the region.

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For South Dakota according to the US Bureau of Labor Statistics data.  The states current labor force participation rate is unchanged from pre pandemic levels.  This indicates that currently few individuals in the state remain out of the work force.