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.


76° 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




 
Find Local Businesses on KELO Pages!

View business

You may also like

Iowa Town Bracing For Closure Of Tyson Foods Plant

7/27/2014 3:31 PM

One small northwest Iowa town is preparing to deal with the loss of 450 jobs this fall when the Tyson Foods plant in Cherokee closes, and business own...

Full Story
Simply Mac Coming To Sioux Falls

7/28/2014 1:12 PM

Apple users will soon have another option for sales and service support.

Full Story
Dawley Farm Village Expands

7/25/2014 10:10 PM

If you don't live on the Sioux Falls east side, or haven't taken a drive over there lately, you may not have noticed all the new businesses.

Full Story | Watch
Sioux City Riverboat Casino Prepares For Last Day

7/30/2014 7:57 AM

The Argosy riverboat casino is preparing to take its last bets Wednesday, having told the Iowa Racing and Gaming Commission that it will close by 5 p....

Full Story
New Fitness Center Opening In Sioux Falls

7/30/2014 5:41 PM

If you enjoy kickboxing, you'll soon have another option in Sioux Falls.

Full Story


Events