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Published September 17, 2010, 01:26 PM

Survey suggests weak rural Midwest, Plains economy

OMAHA, Neb. — A survey of rural bankers in 10 Midwest and Plains states suggests the rural economy will remain weak in the months ahead.

OMAHA, Neb. — A survey of rural bankers in 10 Midwest and Plains states suggests the rural economy will remain weak in the months ahead.

Creighton University economist Ernie Goss says many rural businesses in the region appear to be struggling even though the farm sector is generally doing well.

The overall Rural Mainstreet index remained in negative territory in September but increased slightly to 47.6 from August’s 46. Any score below 50 suggests the economy will contract over the next six months.

Bankers from Colorado, Illinois, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, South Dakota and Wyoming were surveyed for the report.

Goss and Bill McQuillan, chief executive of CNB Community Bank of Greeley, Neb. oversee the survey.

Online: Creighton University economic surveys

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