Midwest, Plains States Likely to See Slow Growth For Some Time

Strong farm income is helping the economy in rural areas of 10 Midwest and Plains states continue to grow slowly, according to a new monthly survey of bankers released Thursday. The overall Rural Mainstreet index for the region improved to 52.2 in September from last month’s 49.3, suggesting weak economic growth. Anytime that index, which ranges from 0 to 100, is above 50, it suggests the economy will grow.

Creighton University economist Ernie Goss, who oversees the survey, says this month’s results don’t suggest a recession but the numbers have deteriorated from earlier this year.

Bankers in rural parts of Colorado, Illinois, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, South Dakota and Wyoming are surveyed. The bankers surveyed aren’t optimistic that the nation’s leaders in Washington, D.C., will be able to do much to help the economy.

At Gay Realty Watch, we look for news to share with you about the gay real estate market – both lgbt real estate news and news specific to gay and lesbian real estate meccas.

Full Story from the Houston Chronicle

Click here for gay realtors, mortgage lenders, and other real estate professionals.

If you have a gay real estate story that you’d like to share with us, contact us at info@2016.gayrealtynetwork.com

Leave a Reply

Your email address will not be published. Required fields are marked *