The Rural Mainstreet Index, a key measure of economic health in rural areas across ten states reliant on agriculture and energy, fell sharply in December. The index dropped below its growth-neutral mark for the 11th time this year. Creighton University economist Ernie Goss attributed November’s brief uptick to optimism following the Trump election, which faded as weak grain prices and farm income losses took their toll. About 25 percent of bankers surveyed said their local economy is in or nearing recession, while the rest expect slow growth in 2025.
