An index of economic conditions in 10 Midwest and Western states has jumped for a third straight month, but the looming "fiscal cliff" and other factors have shaken confidence in the region's economy for the coming months.
The overall Rural Mainstreet index released Thursday rose to 57.5 in November from October's 56.6.
Any score above 50 on the 100-point scale suggests a growing economy.
The survey of bankers covers rural areas of Colorado, Illinois, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, South Dakota and Wyoming.
The confidence index, which reflects expectations for the economy six months out, sank to 45.6 from October's 50.7.
Creighton University economist Ernie Goss attributes the lack of confidence to the looming "fiscal cliff," and the lack of a federal farm and energy bills.
Most Popular Today
Woman Stands Up to Cyber Bullies After Man Calls Her 'Too Muscular'
Former School For The Deaf Campus Has New Buyer
Casino Going In To 85th And Louise Strip Mall
Midco Rated Third For Speed By Netflix
CenturyLink Bringing Broadband to 15,000 Rural SD Households
Website That Spoofs Dropbox Shutdown
Shop Dog Launches Line Of All-Natural Treats
- 8. All Industries
Businesses Urged To Sell Goods In Foreign Currency
- 9.Your Money Matters
Late Start & School Supplies
SDN CEO To Testify Before Congress On Cybersecurity Threats