Regional Economy To See Slow Growth

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…

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He expects that trend to continue.  He says employment numbers were
OK but not great…

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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.