Slow economic growth is likely in nine Midwestern and Plains states in the months ahead because low crop and energy prices are hurting business in the region, according to a monthly report released Monday. The survey of business leaders conducted by Creighton University showed an overall economic index for the region of 51.3 in November. That’s down from October’s 51.8 and barely above the neutral score of 50.
Bankers in 10 Midwest and Plains states expect the rural economy to continue growing in the months ahead because of the strength of farm income.
The outlook for rural areas of 10 Midwest and Plains states remains positive thanks to the improving economy, according to a new survey of bankers released Thursday.
The economy is gaining strength in nine Midwest and Plains states because global growth and continued low interest rates have provided a boost to agriculture and energy businesses, according to a new survey released Tuesday.