Rural economy shows optimism, highest confidence since January
Story Date: 10/22/2020

 

Source: Sonja Begemann, AGWEB, 10/20/20


Creighton University deploys a survey every month called the Rural Mainstreet Index to community bank presidents and CEOS in rural areas to learn their opinions on current economic conditions. It includes rural and energy-dependent areas and their six-month economic outlook. Confidence fell to a record low in April and concerns surrounding COVID-19 and other economic factors weighed heavy on the surveyed bankers. However, the most recent survey released Oct. 15, shows new confidence.

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