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The economy in Custer County remains stable in 2023 – but signs of a possible slowdown are starting to show up in the data

For those who have lived in the area for more than a few decades they will always say that the economy in the Valley is a constant cycle of growth and decline. The unexpected growth during and after the COVID pandemic has yet to fall away, as had been feared by many businesses in the area. But while 2023 was another year of good economic performance, it was less strong than the 2021 and 2022 highs, and there could be signs of an economic slowdown as the local economy enters the slow winter months. Real Estate The absolute number of real estate transactions is going to be down in 2023, back to a level not seen since 2017, but this does not necessarily mean that…