Rural economy showing signs of slowing

OMAHA, N.E.(KELO)- More signs that the rural economy is slowing.

Creighton University’s monthly survey of community banks in a ten-state area slumped to a neutral reading this month.

Economics professor Ernie Goss says the Federal Reserve will continue to keep interest rates higher as long as the Federal government continues to spend the way it’s spending.

South Dakota’s numbers were even lower than the rest of the region with a decline in hiring and lower expectations for the farm economy.