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Bankers: Midwest Economy Will Grow

Bankers:  Midwest Economy Will Grow

A new survey of bankers suggests that the economy will grow at a healthy pace in rural parts of Nebraska, Iowa and eight other Midwestern states in the months ahead.

The monthly survey's overall index rose to 56.1 in December from November's more moderate 54.3. But any score above 50 suggests growth.

Creighton University economist Ernie Goss says the region continues to benefit from the strength of agriculture and energy businesses. But declining crop prices and the lack of a farm bill are concerning.

 

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