Creighton University – Farm Equipment Manufacturers Association

Rural Mainstreet Economy Faces Continued Downturn

January 22, 2025January 22, 2025 Gina Clark Creighton University, Rural Mainstreet Economy

Despite another one-year extension of the farm bill, and $20.8 billion in farm disaster relief, the farm (grain) economic outlook remained weak for the first half of 2025.

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Rural Mainstreet Economy Soars to Highest Level in 15 Months

November 22, 2024November 22, 2024 Gina Clark Rural Mainstreet Index, Ernie Goss, Creighton University

For the first time since July 2023, the overall Rural Mainstreet Index (RMI) rose above growth neutral, according to the November survey of bank CEOs in rural areas of a 10-state region dependent on agriculture and/or energy.

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Rural Mainstreet Economy in Negative Territory Again

May 1, 2024May 8, 2024 Gina Clark Ernie Goss, Creighton University, Rural Mainstreet Economy

For an eighth straight month, the overall Rural Mainstreet Index (RMI) sank below growth neutral, according to the April survey of bank CEOs in rural areas of a 10-state region dependent on agriculture and/or energy.

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Farm Equipment Sales Index Begins 2023 on Solid Note

January 19, 2023February 27, 2023 Gina Clark Rural Mainstreet Index, Creighton University

As a result of strong farm financial conditions, the Farm equipment-sales index climbed to 61.4, its highest level since June of last year, and up from 60.4 in December. The index has risen above growth neutral for 24 of the last 26 months.

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Equipment-Sales Index Jumps to Strong 59.5 – Index Above Growth Neutral for 22 of the Last 24 months

November 17, 2022November 30, 2022 Gina Clark Rural Mainstreet Index, Creighton University, farmland prices

The farm equipment-sales index jumped to a strong 59.5 from October’s weak 47.8. The index has risen above growth neutral for 22 of the last 24 months.