Humanities Desk | Net Radio

Measure of rural Mid-America economy hits five-year low

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Sinopsis

The Rural Mainstreet Index, a metric created by Creighton University professor Ernie Goss, is at its lowest level since May 2020. The index comes from a monthly survey of bank CEOs in rural areas across a ten-state region. Goss says a combination of tariffs and weak grain prices are hurting economic activity. However, Nebraska’s year-to-date exports on agricultural goods and livestock are up by nearly 50%, despite a sharp decline in trade with China. Goss says the state’s strong livestock industry could be to thank.