Bankers survey for parts of 10 states rockets to record high mysanantonio.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mysanantonio.com Daily Mail and Mail on Sunday newspapers.
For the fourth time in the past five months, the Creighton University Rural Mainstreet Index climbed above growth neutral, with the overall index for February rose to 53.8 from January’s 52.0 According to the monthly survey of bank CEOs in rural areas of a 10-state region including Nebraska, the index increased to its highest level [.]
The rural economy in parts of 10 Plains and Western states continues to grow, but rural bank CEOs say their biggest fears for the 2021 economy are excessive inflation and higher long-term interest rates, according to a new monthly survey of bankers.
Bankers survey shows gains in rural economy of Wyoming and nine other states oilcity.news - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oilcity.news Daily Mail and Mail on Sunday newspapers.
Rising farmland prices help strengthen Iowaâs rural economy
BY MICHAEL CRUMB, Senior Staff Writer Tuesday, December 22, 2020 3:05 PM Iowa’s rural economy grew in December behind strengthening farmland values, according to a survey of Main Street bankers released last week.
According to Creighton University’s Rural Main Street Index, Iowa’s index rose to 50.2 in December, up from 47.4 in November.
The overall index for the 10-state region crept above neutral growth in December, to 51.6, a nearly five-point increase from November’s 46.8.
The index is a snapshot of the economy of rural and agriculturally dependent communities with an average population of 1,300 people. Each month, community bank presidents and CEOs are asked about the current economic conditions in their towns, and to give a projected outlook for the next six months.