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Floods Threaten Midwest's Economy PDF Print E-mail
Thursday, 26 June 2008 11:11
BY ILAN BRAT AND LAUREN ETTER
Drenching rain and widespread floods in the Midwest are taking momentum out of a regional economy that has been among the brightest spots in the U.S. economy recently.

Meat processor Tyson Foods Inc. is temporarily suspending work at two Iowa hog-slaughtering plants, while farm-equipment maker Deere & Co. was forced by rising rivers to evacuate a foundry in that state. A St. Louis-based riverboat casino on the Mississippi River closed, and a lake at a popular resort in Wisconsin emptied after an embankment burst.

Towns across the region are confronting collapsed bridges and overflowing sewers. Further heavy rain may burst ...

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