OMAHA, N.E.(KELO)- How confident are you about the economy over the next year? That question was posed to community bankers from our region by Creighton University…and they were overwhelmingly negative. It’s part of Creighton’s monthly Rural Mainstreet Index…and economist Ernie Goss says it’s the lowest reading on economic confidence in the survey’s history, going back… Read more »
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Senator Rounds react to President Biden’s visit with Chinese President Xi Jinping
WASHINGTON, D.C.(KMIT)- President Joe Biden met with Chinese President Xi Jinping this week. As a result of that meeting, China has agreed to curtail shipments to Mexico of the chemicals used to make fentanyl, the drug at the heart of the U.S. overdose epidemic. Prior to the meeting, South Dakota Senator Mike Rounds was among… Read more »
South Dakota Secretary of Health address the flu season
PIERRE, S.D.(KMIT)- South Dakota reported its first flu death of the 2023-24 season last week. It was a Minnehaha County resident in the 80-89 year age group. An average of 35 flu-related deaths are reported in South Dakota each year. South Dakota Health Secretary Melissa Magstadt says there are many ways people can stave off… Read more »
South Main Street from Railroad to 1st Avenue closed today
ABERDEEN, S.D.(Press Release)- Weather permitting beginning at approximately 8:00 AM on Friday, November 17, 2023 the following road will be closed to thru traffic for utility work: S Main Street from Railroad Avenue to 1st Avenue Work will be completed as quickly as possible. Motorists are advised to take alternate routes until the work is… Read more »
Landowner Ed Fischbach react to what the President of the South Dakota Chamber of Commerce has to say about pipelines
ABERDEEN, S.D.(HubCityRadio)- The President of the South Dakota Chamber of Commerce, Dave Owen is traveling across the state to preview what’s coming in the 2024 South Dakota legislative session. One of the key topics is his support for the CO2 pipeline to be used by Summit Carbon Solutions. Spink County landowner Ed Fischbach reacted to… Read more »
Aberdeen Police arrest person on charges on a series of charges
ABERDEEN, S.D.(Press Release)- On 11-16-23, at 1448 hrs, law enforcement was dispatched to the 500 block of S State St in reference to a male swinging a machete in public. The reporting party relayed to dispatch that the male was swinging the machete towards innocent bystanders. As law enforcement was responding to the area, we… Read more »
SD Senator John Thune Speaks on Local Economy
PIERRE, S.D. (KELO) – Record high prices and sky-high interest rates are choking the economic life of South Dakotans. That’s the belief of Senator John Thune, who says runaway government spending under President Biden is putting the squeeze on Americans… Thune says the American dream is owning a home, is now out of reach for… Read more »
Higher Interest Rates Straining Local Economy
PIERRE, S.D. (KELO) – Higher interest rates from the Federal Reserve Board is putting the brakes on the rural economy. Creighton University’s Rural Mainstreet Index surveys small community bankers in our ten-state region. Economist Ernie Goss says nearly 85-percent of the bankers are urging the Fed to hold rates steady… Bankers are also concerned about… Read more »
Federal Reserve Update
PIERRE, S.D. (KELO) – Some evidence to back up the Senator’s claims today from Creighton University. The Rural Mainstreet Index – a survey of small community bankers in a ten-state region – had few bright spots Economist Ernie Goss says the Federal Reserve’s policy of raising interest rates to slow down the economy is taking… Read more »
Congressman Johnson in Aberdeen Monday
WASHINGTON, D.C.(Press Release) – On Monday, U.S. Representative Dusty Johnson (R-S.D.) will speak at the Aberdeen Sertoma Club. Later that afternoon, Johnson will speak with students at Roncalli High School and Middle School. What: Aberdeen Sertoma Club When: Monday, November 20, 12:00 PM CT Where: Flame 2 South Main Street Aberdeen, S.D. 57401 What:… Read more »