User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


35° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Economic Index Jumps For Midwest, Western States

November 15, 2012, 3:07 PM

Economic Index Jumps For Midwest, Western States
OMAHA, NE -

An index of economic conditions in 10 Midwest and Western states has jumped for a third straight month, but the looming "fiscal cliff" and other factors have shaken confidence in the region's economy for the coming months.

The overall Rural Mainstreet index released Thursday rose to 57.5 in November from October's 56.6.

Any score above 50 on the 100-point scale suggests a growing economy.

The survey of bankers covers rural areas of Colorado, Illinois, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, South Dakota and Wyoming.

The confidence index, which reflects expectations for the economy six months out, sank to 45.6 from October's 50.7.

Creighton University economist Ernie Goss attributes the lack of confidence to the looming "fiscal cliff," and the lack of a federal farm and energy bills.

Previous Story

Next Story


Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Plans Released For Pump Park in Brookings

3/27/2015 4:51 PM

The same company that designs BMX bike tracks for the Olympics is coming to South Dakota to create Brookings' newest park.

Full Story
RibFest Announces Concert Headliners

3/30/2015 8:40 AM

Montgomery Gentry, Cheap Trick, Uncle Kracker and Warrant are scheduled to perform at the annual event from May 28 to May 31. 

Full Story
How Much Do You Take Home In Pay?

3/30/2015 9:45 AM

How much does making $50,000 a year differ from one state to another, once you figure in taxes and cost of living?

Full Story
Speed Limit Sign Changes

3/25/2015 6:06 PM

The speed limit is only going up on stretches of road where the limit was 75 miles per hour, now going up to 80 mph.

Full Story | Watch
Woman Pushing For $20 Bill Makover

3/25/2015 9:54 AM

Barbara Ortiz Howard already has a day job maintaining apartment buildings near New York City. Now she has a second job and it's all about money. ...

Full Story


Events