Monday - November 25, 2024
Tipoffs for Rapid City, South Dakota (City) Newsletter for Tuesday August 20, 2024 ( 1 items )  

Federal Reserve Bank of Minneapolis: High Interest Rates Remain Top Challenge for Businesses as Demand Cools
MINNEAPOLIS, Minnesota, Aug. 20 -- The Federal Reserve Bank of Minneapolis issued the following analysis on Aug. 19, 2024, by analyst Haley Chinander: * * * Ninth District businesses report lower revenue and profits in Minneapolis Fed survey * * * Concerns about cooling demand have added pressure to businesses in a high-cost environment, according to a recent Federal Reserve Bank of Minneapolis survey. The July survey received 587 responses from a wide range of business owners across the Fe  more