OMAHA, NE (KELO.com) — Inflation and interest rates are on the rise again, and threatening to go higher. That’s one of the main points in this month’s Mid-America Manufacturing Index from Creighton University. Economist, Dr. Ernie Goss says one of the trouble spots in the nine-start survey, is the loss of manufacturing jobs.
South Dakota’s manufacturing exports plummeted by nearly 12-percent from last year. Goss says he expects the Federal Reserve Board to leave interest rates where they are this month because inflation is starting to rise again.
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