Economic numbers indicated recession likely later this year

OMAHA, N.E.(WNAX)- Economic indicators are still pointing toward a recession this year.

Creighton University economics professor Ernie Goss says the probability is rising.

Goss says the good news is that inflation is slowing.

Goss says he expects interest rates to continue to rise.

Goss coordinates the monthly survey of business managers in the nine state Mid America region from Minnesota and the Dakotas to Arkansas.