Local

Economy Continues Improvement

Photo: clipart.com

Economy Continues Improvement

For a second straight month, the Mid-America Business Conditions Index is moving up.

The Business Conditions Index, which ranges between 0 and 100, rose to a tepid 53.2 from November’s 51.2

Dr Ernie Goss of Creighton University, who compiles the report says that is still a soft number…

 

But, for the second time in the past three months, the region’s employment gauge fell below growth neutral. The index sank to 48.7 from November’s 51.2, but was up slightly from October’s weak 48.2.  Goss says a lot of that is tied to dropping ag prices…

 

Looking six months ahead, economic optimism, as captured by the December business confidence index, soared to a strong 66.5 from November’s 57.2. Goss says much of that is related to a budget deal approved by Congress last month…

 

This month supply managers were asked to identify the biggest challenge to their company/industry for 2014. More than one-third, or 35.3 percent, named escalating prices for inputs purchased by their firm as the biggest threat. 

Recent Headlines

9 hours ago in Local

SD Congresswoman Kristi Noem; Republicans Drop ACA Repeal Attempts for Now

Kristi Noem

President Obama recently vetoed a bill passed by Congress that would repeal the Affordable Care Act, or Obamacare.

9 hours ago in Local

Lewis & Clark Regional Water System Gets Federal Budget Boost….Sort of…

L&C water 102212

President Obama released his last budget request this week for the fiscal year starting in October.

12 hours ago in National

Wall Street tumbles

stocks

Wall Street was off more than 1 percent on Thursday, pushing the S&P 500 and the Dow Jones industrial average down 10 percent for the year, as investors jettisoned stocks and scurried toward safer shores.

15 hours ago in Agriculture

NFU Hoping Trade Office Could Be Opened In Cuba

cuba flag

Agriculture Secretary Tom Vilsack says the United States should open an agricultural office in Cuba and is hoping to get…

16 hours ago in Agriculture

ICCI Wants Board To Deny Pipeline Permit

iowa state flag

Today is the final day for the Iowa Utilities Board to deliberate on the permit request by Energy Transfer Partners…