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Land Resources / News / Nebraska
Rural economy still growing
Source: Omaha.com, by Steve Jordon
A survey of rural Midwestern bankers indicated the region’s non-urban economy grew for the fifth straight month, with a pickup in housing sales to go along with strong farm land prices and farm equipment sales. The index, based on a survey of 162 bankers in ten states, yielded an index of 56.7 on a scale of 100. Indexes above 50 indicate economic growth. A year ago, the index was 47.4, indicating a declining rural economy in the states. March 17, 2011
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