ernie goss

Rural Mainstreet Index Stays Below Growth Neutral
Rural Mainstreet Index Stays Below Growth Neutral
Rural Mainstreet Index Stays Below Growth Neutral
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...
Rural Mainstreet Index Dips In The Negative
Rural Mainstreet Index Dips In The Negative
Rural Mainstreet Index Dips In The Negative
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...
Farm Economist Expects Fed To Raise Rates Again In March
Farm Economist Expects Fed To Raise Rates Again In March
Farm Economist Expects Fed To Raise Rates Again In March
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...
Goss: The Rural Economy Is Struggling
Goss: The Rural Economy Is Struggling
Goss: The Rural Economy Is Struggling
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...
Rural Mainstreet Index Continues To Fall, Offers Some Surprises
Rural Mainstreet Index Continues To Fall, Offers Some Surprises
Rural Mainstreet Index Continues To Fall, Offers Some Surprises
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
High Input Costs Putting Pressure On Farm County, Goss Says
High Input Costs Putting Pressure On Farm County, Goss Says
High Input Costs Putting Pressure On Farm County, Goss Says
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,...
Goss: The Ag Economy Is In Solid Shape
Goss: The Ag Economy Is In Solid Shape
Goss: The Ag Economy Is In Solid Shape
The Creighton University Rural Mainstreet Index stayed above growth neutral for July, marking eight straight months the indicator. The overall index fell from 70.0 in June to 65.6 for July. Creighton University’s Dr. Ernie Goss said while the number fell a bit, things are still in solid shape. ...
Rural Mainstreet Index Stays in Growth Territory
Rural Mainstreet Index Stays in Growth Territory
Rural Mainstreet Index Stays in Growth Territory
Creighton University’s Rural Mainstreet Index stayed above growth neutral for the seventh month in a row. The monthly survey of bank CEOs in areas that rely on agriculture and energy shows that the June index fell to a still strong 70.0 fro ...
Rural Bankers Say Local Economies are Stronger
Rural Bankers Say Local Economies are Stronger
Rural Bankers Say Local Economies are Stronger
For the seventh month in a row, the Creighton University Rural Mainstreet Index stayed above growth neutral. The overall index is still strong at 70, falling almost nine points from May’s record high (78.8). The index ranges from zero to 100, with 50 being growth neutral. That ...

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