OMAHA, NE (KELO.com) — Our Regional manufacturing economy is in positive territory for a third straight month, but South Dakota numbers are less impressive. Manufacturing Supply Managers say their businesses are feeling the effect of tight supplies because of the war in Iran. Creighton University Economist Dr. Ernie Goss says despite that, “The regional manufacturing economy continues to move higher – not significantly higher, but moving in the right direction.”
One area of concern is inflation. Supply managers expect input prices to spike by more than five percent in the next six months. South Dakota’s manufacturing sector has lost 400 jobs in the last year, losing nearly one percent of its manufacturing base.
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