Survey Suggests Slow Growth In Midwest, Plains
September 15, 2011, 3:48 PM
OMAHA, NE -
A new monthly survey of bankers suggests the economy in rural areas of 10 Midwest and Plains states continues to slow, but the region is helped by strong farm income.
The overall Rural Mainstreet index for the region improved to 52.2 in September from last month's 49.3, suggesting weak economic growth. Anytime that index, which ranges from 0 to 100, is above 50, it suggests the economy will grow.
Creighton University economist Ernie Goss, who oversees the survey, says this month's results don't suggest a recession but the numbers have deteriorated.
Bankers in rural parts of Colorado, Illinois, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, South Dakota and Wyoming are surveyed.
© 2011 Associated Press. All rights reserved. Material may not be redistributed.
6/17/2013 12:16 PM
Two people are in the hospital and one man is dead after a double shooting in Clear Lake, South Dakota.
6/14/2013 11:42 AM
Sioux Falls residents Blayne Solberg and Joel Robshaw, both 22-years-old, were arrested at a home this week after authorities found 119 grams of a dru...
6/17/2013 6:05 AM
Officials with the Deuel County Sheriff’s office are on the scene of a shooting near the Clear Lake, South Dakota area.
6/17/2013 10:36 AM
A Clear Lake, South Dakota, man shot two people before taking his own life on Sunday.
6/18/2013 2:36 PM
The Vault Nightclub in Sioux Falls closed its doors on Tuesday. The Vault made it official on Facebook and Twitter, saying it was closing after ...