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
|
Sign up to Receive this newsletter every day via email.