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.


73° 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

 


View business

You may also like

New Brewery Opens In Downtown Sioux Falls

9/3/2015 2:30 PM

WoodGrain Brewing Company opens Thursday on the main floor of the DocuTAP building on Phillips Avenue.  

Full Story
Caribou Coffee To Move Down The Street

9/3/2015 1:00 PM

The new location will replace a former Burger King near Minnesota Avenue and 33rd Street.

Full Story
McDonald's Will Launch All Day Breakfast On Oct. 6

9/1/2015 5:08 PM

If you're one of those people who hates missing the end of breakfast hours at McDonald's, hang on just a little longer: the chain says its bre...

Full Story
South Dakota Farmer Named Treasurer Of World Soy Initiative

8/30/2015 11:20 AM

A soybean farmer from northeastern South Dakota has been picked to help develop U.S. soy in foreign markets by the American Soybean Association.

Full Story
Residents Petition To Keep Highway 50 Passing Lanes

8/29/2015 11:11 AM

More than 500 people in the Bon Homme County area have signed a petition to keep five four-lane passing sections on state Highway 50 between Avon and ...

Full Story


Events