10th consecutive month, Creighton University's Rural Mainstreet Index falls below growth neutral, signifying weak economic conditions in a 10-state region due to high interest rates and weak agriculture commodity prices.
10th consecutive month, Creighton University's Rural Mainstreet Index fell below growth neutral, indicating weak economic conditions in the 10-state region. High interest rates and weak agriculture commodity prices contribute to the decline. Despite this, some positives include farmland prices only slightly below growth neutral and good responses from bankers regarding farm financial conditions. Home sales also unexpectedly expanded.
June 21, 2024
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