Interest Rates Could Drive Issues In Commercial Real Estate In Mid-America Region

Interest Rates Could Drive Issues In Commercial Real Estate In Mid-America Region

PIERRE — The economic outlook for the Mid-America region is relatively unchanged with slow growth continuing. Creighton University economics professor Ernie Goss says commercial real estate could be a problem area for the remainder of the year…

Goss oversees the Mid-America Business Conditions Index, put out monthly by Creighton. Interest rates are driving those issues…

Goss expects the Federal Reserve bump interest rates again late this month…

Goss also expects to see some movement with long-tern interest rates as well.