Rural Main Street Index

Midwest Sees Economic Growth

Feb 2, 2017
Creighton University

The Midwest economy continues to see growth as 2017 gets underway. Businesses are also seeing expanding confidence and new manufacturing jobs.

The Rural Main Street Index is a monthly survey sent out from Creighton University in Omaha to business leaders across nine Midwestern states. The index reached above growth neutral for the third straight month.  It ended January at 54.7. This is the highest the score the index has reached since February 2015. Surveyors also recorded the highest level of economic confidence in over six years.

Midwest Economy Struggling

Aug 16, 2016
SDPB

One survey on the Midwestern economy shows one in five farmers may have expenses exceeding revenue this year.

The report blames falling farm prices.

The Rural Mainstreet Index shows farm prices have decreased 9% over the last year. The study surveys bank CEOs across the Midwest about economic conditions. Ernie Goss is the Economics Chair at Creighton University. He says multiple agriculture sectors are really struggling.

Officials Say South Dakota Rural Economy Slowing

Sep 23, 2014

Economists say South Dakota’s rural economy is slowing down. A survey by Creighton University in Omaha, Nebraska indicates the Rural Main Street Index fell for the fourth straight month to its lowest level in years.

Creighton Economics Professor Dr. Ernie Goss says an increase in supplies, a decrease in demand for ag-related products, and better weather conditions are contributing to the decline.