Farm income is down and sectors of the Nebraska economy are feeling it.
Economist Ernie Goss with Creighton University says his monthly survey of bank executives in 10 Midwestern states indicates the agricultural economy has hit a plateau.
Hiring in rural Nebraska has fallen and the Nebraska farmland price index has dropped.

 

Goss says that doesn’t bode well for ag implement dealers. . .

 
Creighton’s Mainstreet Index was up slightly in Iowa, Minnesota, and Missouri. It slumped a bit in Nebraska, Illinois, Kansas, and the Dakotas.