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.
8/27/2014 5:48 PM
Her boyfriend was killed during a botched robbery in December in northwest Sioux Falls. Faith Rasmussen and her mother, Theresa, have now pleaded guil...
8/27/2014 10:54 AM
Faith Rasmussen, 21, and her 55-year-old mother Theresa Rasmussen admit they were bringing marijuana from California to South Dakota and distributing ...
8/30/2014 11:39 AM
A Lead woman has pleaded guilty to having sex with a 12-year-old boy.
8/27/2014 10:05 PM
Sioux Falls Police have a man in custody after a driver attempted to elude authorities during a traffic stop.
8/29/2014 11:00 PM
Aberdeen Central 7, Sioux Falls Washington 6
Aberdeen Roncalli 42, Redfield/Doland 0
Alcester-Hudson 34, Baltic 6