Local

Regional Economy Improves

Photo: clipart.com

Regional Economy Improves

After declining in October to its lowest level since 2012, the monthly Mid-America Business Conditions Index, a leading economic indicator for a nine-state region, increased for November.

The Business Conditions Index, which ranges between 0 and 100, rose to a tepid 51.2 from October’s growth neutral 50.0.

Dr. Ernie Goss, director of Creighton University’s Economic Forecasting Group says problems are moving from the rural areas to the cities…

 

After falling below growth neutral for October, the region’s employment gauge expanded above the threshold for November. The index jumped to 51.2 from 48.2 in October. Goss says that still translates to slow job growth in the months ahead…

 

Looking six months ahead, economic optimism, as captured by the November business confidence index, expanded to 57.2 from October’s 56.0.  Goss said “The temporary resolution of the debt ceiling and the re-opening of the federal government had a positive impact on supply managers’ outlook.”

 

Goss says the lack of a farm bill is starting to have an effect too…

Recent Headlines

in Local

Onward Yankton Announces Finalists

IMG_0537

The original plan was to come up with five ideas for the Onward Yankton competition, but there are now six to choose from.

in Local

Minnesota Governor Threatens to Veto Amendments

dayton

Minnesota Governor Mark Dayton is advising lawmakers to stay focused on helping Mille Lacs area businesses during an upcoming special session.

in Local

Iowa Casinos Work to Help Gambling Problems

gambling

Iowa’s 19 state-regulated casinos are holding events for Responsible Gaming Education Week.

in Local

Nebraska Professor Says Iran Deal Needs Consideration

University_of_Nebraska-Lincoln

A Nebraska professor says Congress needs to give the Iran nuclear agreement careful consideration and not just reject it outright.

in National, World

Climate plan shows U.S. ‘can change the world’

23-overlay1

The plan, which also mandates a shift to renewable energy from coal-fired electricity, is meant to put the U.S. in a strong position at international talks in Paris later this year on reaching a deal to curb global warming.