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Mid-America economy continues slump; North Dakota economy back in healthy territory

Nearly half of supply managers who responded to a monthly survey of economic conditions in the nine-state Midwest and Plains region expect a recession in the second half of this

North dakotaUnited statesSouth dakotaCreighton universityErnie gossUs international trade associationFederal reserveUs bureau of labor statisticsMid america business conditionsTrade associationThe economyOb market

Recession in 2023 still on the table, economist says

“The Mid-America regional manufacturing economy is definitely losing momentum," said Ernie Goss, director of Creighton University’s Economic Forecasting Group.

United statesCreighton universityNorth dakotaSouth dakotaJerome powellErnie gossUs international trade associationCreighton university economic forecasting group in omahaCreighton economic forecasting groupUs bureau of labor statisticsFederal reserveEconomic forecasting groupFederal reserve chair jerome powellLabor statisticsAugust business confidence indexTrade association

Creighton Business Conditions Index below growth-neutral for second straight month

Creighton Business Conditions Index below growth-neutral for second straight month
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United statesErnie gossJacka macallisterUs international trade associationUs bureau of labor statisticsCreighton universityTrade associationLabor statistics

Iraq to receive gas from Turkmenistan

Iraq is largely dependent on Iran for gas, despite having its own sizable reserves. The relationship has been complicated by US sanctions on Iran, and Iraq is also seeking international help to utilize its gas reserves.

Saudi arabiaUnited statesHakan fidanIraqi oil ministryIraqi news agencyUs international trade associationOrganization of the petroleum exporting countriesEzzat saberCentral asianPetroleum exporting countriesTurkish foreign minister hakan fidan

Mid-America economy slumps in July; North Dakota economy still not growing

A monthly measure of economic conditions in the nine-state Midwest and Plains region has slumped for the first time in five months.

United statesCreighton universitySouth dakotaNorth dakotaErnie gossFederal reserveUs bureau of labor statisticsUs international trade associationMid america business conditionsTrade associationThe economyOb market