Ernie Goss
Ernie Goss
among business confidence energy expected fed higher hikes impacts managers negative rate regional supply warmer winter
The 15 Fed rate hikes and higher energy prices, even with the warmer than expected winter weather, are having negative impacts on confidence among regional supply managers and business leaders.
arkansas asian beef drive economic fourth growth half higher hunt japanese job losses opening overall pushed quarter second
Manufacturing job losses in the second half of 2005 pushed Arkansas' overall job growth for the fourth quarter to zero. However, Arkansas firms ... benefiting from the opening of the Japanese and other Asian beef markets, and J.B. Hunt Transport, profiting from the U.S. economic expansion, will drive Arkansas job growth higher in the first half of 2006.
commodity expect growth half higher interest prices push rates regional second
I expect higher commodity prices and escalating short-term interest rates to push regional growth down significantly in the second half of 2006.
details energy finance growth higher job lower moved providers rates remained states weak
For most states in the region, unemployment rates moved lower and job growth higher as manufacturers, finance firms and energy providers details growth. However, telecommunications remained weak and construction cooled in January.
america began costs economy elevated energy forced higher interest rates regional year
The Mid-America regional economy began 2005 like a lion, but higher interest rates and elevated energy costs forced the region's economy to end the year like a lamb.
bit cutting higher interest oil prices rates
Higher interest rates are cutting a bit into confidence, and now oil prices are going back up to post-Katrina levels.
higher interest quarter rates second stronger
It's going to be stronger in the first quarter and in the end of the second quarter. It's going to weaken as higher interest rates set in.
added annual growth half higher mountain rate region rest second states
The Mountain States region experienced growth significantly higher than the rest of the nation. The region added 53,000 jobs, an annual growth rate of 2.9 percent, in the first half of 2005 but added only 41,000 jobs, an annual growth rate of 2.2 percent, in the second half of the year.
affecting asian beef borders both factor growth half higher industries industry interest kansas open partners pushed rates sector slow state strong trading
The construction industry and transportation sector in Kansas have pushed 2005 growth into the very strong range. However, higher interest rates will slow growth for both industries in the first half of 2006. The rate at which our Asian trading partners open their borders to U.S. beef will be an important factor affecting growth for the state in 2006.
ahead city course felt force full gains given gm growth hurt impacts jobs loss months negative oklahoma points positive provisions solid survey until
Of course the loss of the 2,400 GM jobs will hurt the Oklahoma and Oklahoma City economies. However, given the provisions of job banks, the full force of the negative impacts will not be felt until 2008. In the interim, our survey points to solid growth with positive job gains in the months ahead for Oklahoma's economy.
tough typical
If we'd had a typical winter, it would have been a little tough for the retailers.
areas arkansas businesses conditions economic expect growth job northwest parts portion quarter reasonably report second solid stronger
Businesses located in the Northwest portion of Arkansas tended to report stronger economic conditions than businesses in other parts of the state. However, I do expect reasonably solid job growth for most areas through the second quarter of this year.
according businesses comments dakota definitely difficult economic growth impacts month months north points separate solid survey warmer weather
Businesses in North Dakota definitely benefited from much warmer weather for the month according to comments from businesses in our survey. It is difficult to separate out the impacts of weather from more fundamental economic factors, but even so, our survey still points to solid growth in the months ahead.
asian attempt beef derive economic foreign gains market nation opening presence slow stands state stimulus
No other state in the nation stands to derive as much of an economic stimulus from the opening of the Asian beef market as Nebraska. However, economic gains are going to be slow going as food-processing firms attempt to re-establish a beef presence in these foreign markets.