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South Dakota Rise in Business Conditions Index

Soapweed

Well-known member
This is from the www.chadrad.com web-page.

(S.D.)-Rise In Business Conditions Index

By: Chris Fankhauser Posted at: 02/01/2008 04:21 PM


OMAHA, Neb. (AP) - South Dakota's business conditions index rose last month. That's according to a survey compiled by a Creighton University business professor.

The index ranges between 0 and 100, and an index greater than 50 indicates an expanding economy over the next three to six months. South Dakota's overall index rose in January -- to 57.5 from 53.5 in December. The highest sector were new orders and inventories.

Creighton economics professor Ernie Goss says South Dakota's economy is likely to continue to expand but at a slower pace. He says January reports were healthy for durable-goods producers, except for computer and electronic manufacturers, and food processors.

(Copyright 2008 by The Associated Press. All Rights Reserved.)
 

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