OMAHA, N.E.(KELO)- Our regional economy is giving us a bit of a roller coaster ride.
Creighton University’s monthly Rural Mainstreet Index went from positive in November to negative this month.
Economist Dr. Ernie Goss says the numbers were affected by the election.
South Dakota’s results mirrored the overall survey with weak numbers this month.
Goss says low farm commodity prices are the main problem.
The Trump economic bump in November turned into a December slide in our region.
That’s according to Creighton University’s monthly Rural Mainstsreet Index-which includes a ten-state survey of small community bank executives.
Goss says low farm commodity prices are the main reason for the low readings.
Goss says one in five bankers in the survey expect a recession in 2025.
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