Rural Mainstreet Index rose slightly in April
While the Creighton University Rural Mainstreet Index for April rose slightly from March’s weak reading, it remains below growth neutral, according to the monthly survey of bank CEOs in rural areas of a 10-state region. The 100-point index climbed to 46 in April from 43.6 in March. Iowa’s index rose to 43.8 from 43 in March. The state’s farmland-price index for April sank to 32.7 from March’s 42.1. Iowa’s new-hiring index for April fell to 48.2 from March’s 53.8.
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