WCCO EYE4 LOGO WCCO Radio wcco-eye-green01, ww color green

Local

Survey: Higher Fuel Prices Slowing Rural Growth

View Comments
(credit: Jupiter Images)

(credit: Jupiter Images)

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up
Today's Most Popular Video
  1. MSHSL Dealing With Guidelines For Transgender Athletes
  2. WCCO Interview: Kate Wetherhead Of 'The Heidi Chronicles'
  3. What Are Twins Looking For In A New Manager?
  4. St. Paul Woman Plays Harp For Primates
  5. 4 Things To Know For Sept. 30, 2014

OMAHA, Neb. (AP) — Higher fuel prices may be applying brakes to the economy in rural areas of 10 Midwest and Plains states.

A monthly survey index of rural bankers dropped to 57.1 in April from 59.8 in March. Organizers of the Rural Mainstreet Index survey say any score above 50 suggests the economy will grow.

Creighton University economist Ernie Goss says there are signs that the higher energy and fuel prices are slowing growth in agriculture-dependent areas.

And he says slower global growth has harmed some rural areas that are dependent on agricultural sales.

The survey covers Colorado, Illinois, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, South Dakota and Wyoming.

(© Copyright 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

View Comments
blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 1,875 other followers