Rural Mainstreet Economy Slows in September
For the first time since March of this year, the overall Rural Mainstreet Index (RMI) sank below growth neutral for September.
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Rural Mainstreet Index
Rural Mainstreet Economy Expanding: Federal Reserve Rate Remains a Challenge
After declining below growth neutral for March, the overall Rural Mainstreet Index for June expanded above the threshold for a third straight month to its highest level since May 2022, according to the June monthly survey of bank CEOs in rural areas of a 10-state region dependent on agriculture and/or energy.
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Mainstreet Index Above Growth Neutral – Highest Since May 2022
After declining below growth neutral for March, the overall Rural Mainstreet Index expanded above the threshold for a second straight month.
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Rural Mainstreet Index Moves Higher in April
After declining below growth neural for March, the overall Rural Mainstreet Index expanded above the threshold for the month.
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Rural Mainstreet Economy Goes Negative for March
But Only 13.6% of Bankers Tightened Farm Credit Standards – Farm Equipment Sales Remain Solid at 59.7 March 2023 Survey
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Mainstreet Index Slows While Ethanol Boosts Farmland Values
For a third straight month, the Creighton University Rural Mainstreet Index (RMI) climbed above the growth neutral threshold, 50.0, according to the latest monthly 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
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 Climbs to Strong 60.4 – Region’s Overall Reading Above Growth Neutral First Time Since May
For the first time since May of this year, the region’s overall reading in December rose above the growth neutral threshold. The December index did increase to a tepid 50.1 from 45.7 in November. The index ranges between 0 and 100 with a reading of 50.0 representing growth neutral.
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Equipment-Sales Index Jumps to Strong 59.5 – Index Above Growth Neutral for 22 of the Last 24 months
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.
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Mainstreet Index Falls Below Growth Neutral Fifth Straight Month
The Creighton University Rural Mainstreet Index (RMI) fell for the sixth time in the past seven months, sinking below growth neutral for a fifth consecutive month.
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Farm Equipment Sales Index Soared to 58.0 for September
After falling below growth neutral in August, the farm equipment-sales index soared to 58.0 for September from 45.9 in August. The index has risen above growth neutral for 21 of the last 22 months.
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Rural Mainstreet Economic Index Falls Below Growth Neutral Again
After 23 straight months of expanding farm equipment sales, farmer purchases plummeted for the month.
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Rural Mainstreet Economic Index Falls Below Growth Neutral Again
The July farm equipment-sales index 56.5 – The 20th straight month that the index has advanced above growth neutral.
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Bankers Expect Net Farm income for Grain Farmers Up 12.6%
Bank CEOs expect 2022 net farm income for grain farmers to be 12.6% above 2021 levels.
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Bank CEOs expect net farm income for grain farmers to be 12.6% above 2021 levels
June Survey Results at a Glance: The overall index fell below growth neutral for the first time since September 2020.
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18th Straight Month Mainstreet Equipment-Sales Index Has Advanced Above Growth Neutral
OMAHA, Neb. (May 19, 2022) — The Creighton University Rural Mainstreet Index (RMI) fell from April’s healthy reading and remained
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Rural Mainstreet Economic Index Remains Healthy
Farm equipment sales: This was the 17th straight month that the index has advanced above growth neutral. Readings over the past several months are the strongest string of monthly readings recorded since the beginning of the survey in 2006.
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Survey: Equipment Sales Growing at Fastest Pace Since 2011
Although confidence in their economies appears to have wavered among rural bank CEOs, several economic measures showed strength in February.
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Farm Equipment Sales Index Hits 10-Year High
While the indices show economic growth, bankers warned that inflation and rising costs of input and land could hinder rural economies.
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Strong to Stronger: Equipment Sales, Confidence in Economy
The farm equipment-sales index confirms the demand that manufacturers are experiencing.
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Bankers Report Record Farmland Price Index:
For the 10th straight month, the Creighton University Rural Mainstreet Index (RMI) remained above growth neutral, according to the monthly survey
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July Rural Mainstreet Index Shows Strength
The July farm equipment-sales index extended the longest run in growth territory that the index has recorded since 2012.
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Growth in Ag Equipment Sales Hits High Mark
The farm equipment sales index in June logged the greatest growth it has shown since 2012. This marked the seventh consecutive month of growth.
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Mainstreet Index Soars to New High
The May farm equipment-sales index rose to its highest level since 2013, and the confidence index expanded.
Read moreMainstreet Index Soars to Record High
About 61 percent of bank CEOs reported that their local economy expanded between April and May.
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Farm Equipment Sales Index Matches 2013 High
In other news, bankers reported that approximately 9.1 percent of farmland sales over the past the six months have gone to nonfarmer investors.
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Mainstreet Index Rockets to Record High
The March farm equipment-sales index rose to 63.5, its highest reading since February 2013.
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Rural Mainstreet: Outlook Soars to Highest in Decade
The February farm equipment-sales index rose to 62.7, its highest reading since February 2013 and up from 54.5 in January.
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Bank Survey Shows Strong Equipment Sales
The January farm equipment-sales index rose to its highest reading since April 2013.
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Farm Equipment Sales Index Highest Since 2003
After 86 months below growth neutral, the farm equipment sales index bounced into growth territory in December in the Rural Mainstreet Index.
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Farm Equipment Sales Index Highest Since June 2013
After 86 straight months of readings below growth neutral, farm equipment bounced into growth territory for the month.
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Rural Mainstreet Index Rises to Pre-Pandemic Level
Since falling to a record low in April, the Rural Mainstreet Index has increased for six straight months. The farm equipment sales index improved this month, too.
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Rural Mainstreet Index Improves for September
The index has risen consistently since bottoming out in April. The farm equipment sales index remains in a recessionary zone.
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Rural Mainstreet Shows Modest Economic Gains
The August farm equipment-sales index fell to 32.8 from 34.4 in July.
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Rural Mainstreet Index Climbs for July
The July farm equipment-sales index increased to 34.4 from 32.8 in June.
Read moreRural Mainstreet Index Rises in July
The farm equipment sales index, while still weak, also made gains.
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Rural Mainstreet Index Climbs for June
The June farm equipment-sales index increased to 32.8 from 21.9 in May. The confidence index improved to 43.8 from May’s 22.1.
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Rural Mainstreet Wobbles Above Growth Neutral
The Creighton University Rural Mainstreet Index declined in February but remained above growth neutral. The farm equipment sales index increased but did not yet break into positive territory.
Read moreTrade Deals Push Confidence to Seven-Year High
The confidence index in the Rural Mainstreet survey shows a boost that researchers have not seen since 2013.
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