Fargo News Media: Regional Economy Slowed, But Not North Dakota

Fargo, ND - A new survey of business leaders indicates slower growth in nine Midwestern and Plains states, but not in
North Dakota.

Creighton University economics professor Ernie Goss says businesses seem worried about the housing sector and the mortgage industry, though the region has been helped by strong farm income and ethanol production.

In September, the Business Conditions Index for the region improved to 56.7 from August`s 56.0. A score greater than 50 indicates growth.

North Dakota`s index rose to the highest level in the region, at 76.1 last month.

Goss says North Dakota`s economy is growing at a pace "significantly higher than the region and the nation."

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