An index of economic conditions in 10 Midwest and Western states jumped this month after three months of drought-induced doldrums.
The Rural Mainstreet survey of rural bankers rose to 56.6 for October from 48.3 in September. It was the first time since June that the index rose above growth neutral 50.
Survey organizers say any score above 50 on the 100-point scale suggests the economy will grow in the months ahead.
Creighton University economist Ernie Goss oversees the survey, and he says the effects of the drought are being more than offset by high incomes from high agriculture and energy prices.
The survey covers Colorado, Illinois, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, South Dakota and Wyoming.
Most Popular Today
Woman Pushing For $20 Bill Makover
Speed Limit Sign Changes
- 3.Transportation, General
Treasurer Asking Drivers To Renew Tabs Before Last Day
- 4. All Industries
Sioux Falls Business Celebrates 60th Anniversary
- 5.Retail & Restaurants
Box Elder Celebrates New Businesses
Wednesday Morning Business Brief
- 7.Your Money Matters
Digital Doctor Credentialing Business
Thursday Morning Business Brief
Wednesday Evening Business Brief
Thursday Evening Business Brief