ernie goss

For the 17th time in the last 18 months, the Rural Mainstreet Index dropped below 50 in February.  That’s from the monthly survey of bank CEOs across a ten-state region reliant on agriculture and energy.   The index plummeted from 42.3 in January to 38 i...

After advancing above growth neutral in November for the first time since 2023, the overall Rural Mainstreet Index sank below the 50.0 reading in December.  That’s according to the monthly survey of bank CEOs in rural areas of a ten-state region dependent on agriculture or energy.  The index fell fro...

Is U.S. agriculture in a recession?  At least one economist thinks so.   Dr. Ernie Goss, a Creighton University professor, said your perspective depends on what sector of agriculture and the overall economy you’re discussing.   “We are in ...

For the 13th consecutive month, the Rural Mainstreet Index sank below growth neutral.  That’s according to a September survey of rural bank CEO’s.  The reading sank from 40.9 in August to 37.5 in September.  That is the lowest level for the Rural Mainstreet Index since the COVID Pandemic began in spring 2020.  The index ranges from 0 to 100, wi...

After three straight months of readings slightly above growth neutral, the Creighton University Rural Mainstreet Index fell below the growth neutral threshold.  The March index slumped from 50.1 in February to a reading of 45.6 in March.  Despite...

Creighton University’s most recent monthly Rural Mainstreet Index Survey, was primarily sideways, that according to survey organizer Ernie Goss.  He noted the Federal Reserve raising interest rates has cooled economic activity, but not as much as the Fed Reserve would like.  Goss anticipa...

The Creighton University Rural Mainstreet Index fell below growth-neutral for the sixth-consecutive month.  On a scale of one to 100, with 50 representing growth neutral, the Economic Confidence Index plummeted to its lowest level since 2020.  Almost ...

The Creighton University October Rural Mainstreet Index dropped for the sixth time in the last seven months.  It’s the fifth-consecutive month that the index has been below growth neutral.  Creighton University’s Dr. Ernie Goss said the index...

The Creighton University Rural Mainstreet Index fell in August to a reading of 44, six points below growth neutral.  Creighton University’s Dr. Ernie Goss, notes this is the fifth-straight month of a declining index.   “Our survey of bank CEOs in rural areas in 10 states, for the month of August, the bank CEOs reported that the economy, for the third-straight month, the index is below growth neutr

Creighton University’s June Rural Mainstreet Index sank into negative territory for the first time since September 2020.  Dr. Ernie Goss is co-creator of the RMI. “Inflation is a really big concern, of course, with the accompanying interest rate hikes. The Federal Reserve,...