Source: AGWEB, 4/19/18

A newly released index measuring the economic outlook in farm country took a beating as bankers expressed concern about trade tensions and the potential impact on the farm economy. “An unresolved North America Free Trade Agreement (NAFTA) and rising trade tensions with China are significant concerns,” said Ernie Goss, an economist with Creighton University and author of the Rural Mainstreet Index (RMI).The confidence index is a sub-category of the broader RMI. It reflects expectations for the economy six months out.

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