Survey Shows Economic Strength Of Midwest
December 15, 2011, 11:50 AM
Updated: December 15, 2011, 12:36 PM
OMAHA, NE -
A survey of bankers in 10 Midwest and Great Plains states reflects continued economic growth in the region, which boasts strong agricultural performance and rising commodity prices.
The Rural Mainstreet Index rose to 59.7 in December, the highest survey figure since June 2007. The index hit 58.4 in November, 52.9 in October and 52.2 in September. Survey organizers say that whenever the index, which ranges from 1 to 100, is above 50, it suggests the economy will grow.
Creighton University economist Ernie Goss, who oversees the survey, says growth in U.S. regions tied to agriculture and energy are outpacing urban areas.
The survey covers Colorado, Illinois, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, South Dakota and Wyoming.
© 2011 Associated Press. All rights reserved. Material may not be redistributed.
4/21/2015 5:18 AM
The longtime sprint car track near Brandon will be renamed Badlands Motor Speedway after the 2015 season.
4/20/2015 1:14 PM
The retailer released its Lilly Pulitzer for Target collection, and many stores were sold out within minutes.
4/21/2015 6:00 PM
Started back in the late 1950s, Huset's Speedway is almost as old as the dirt the cars race on. But that's about to change.
4/21/2015 5:03 PM
Plans are in the works for a 40,000 square foot athletic training center in southeast Sioux Falls. With the Pentagon and the new tennis facility...
4/22/2015 6:03 AM
The online retailer is asking the city of Shakopee for about $5 million in tax breaks to build the 820,000-square-foot center and warehouse.