Monday, March 26, 2018

The Agricultural Economy MAY Have Bottomed: Creighton University's Rural Manstreet Index

We are usually more timely about getting the index report out, our apologies.
From KTIC Radio, West Point Nebraska:

Rural Mainstreet Index Remains Positive
March 19
The Creighton University Rural Mainstreet Index slipped in March but remained above growth neutral for a second-straight month. Those results come from the monthly survey of bank CEOs in rural areas of a 10-state region that depends on agricultural.

It’s the first time since the middle of 2015 that the index has shown two straight months of readings above growth neutral. The index dipped slightly from 54.8 in February to 54.7 in March. The index range is zero through 100, with 50 representing growth neutral.

Ernie Goss oversees the index and says, “Surveys over the past several months indicate that the rural economy is trending upward with improving, but slow economic growth.”...MORE
Here's Creighton's Mainstreet Index homepage.