Drought Expansion Slowed in August

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By Paul Ausick Published

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The US Drought Monitor has noted a significant expansion of the drought in the lower 48 states has finally stopped. The agency said that about a quarter of the country continues to experience drought conditions that are rated either ‘extreme’ or ‘exceptional’.

The forecast does get a little better though:

The Drought Outlook valid through the end of November 2012 indicates drought conditions will remain essentially unchanged in large sections of the central Mississippi Valley, the central and southwestern Great Plains, most of the High Plains, the central Rockies, the Great Basin, and parts of the Far West, though the seasonal declines in temperatures, evaporative moisture loss, and water demand should preclude any widespread worsening of conditions. At least some improvement is forecast for much of the central Rockies, the Southwest, the southern Great Plains, the Ohio Valley, the Great Lakes region, the upper Midwest, and the eastern tier of states.

The Drought Monitor outlook is available here.

Paul Ausick

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Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

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