Rural Mainstreet Index Inches Up in August; Still Negative

The Creighton University Rural Mainstreet Index increased slightly in August from July’s weak index number. A monthly survey of bank CEOs in rural areas of a 10-state region that depends on agriculture and energy shows the August index is the sixth-straight month of a number below growth-neutral. The August index showed a slight increase at 44.7, up from July’s 44.1