Creighton University
Table 1: Rural Mainstreet Economy Last 2 Months & One Year Ago: (index > 50 indicates expansion)Feb. - 20Jan. -21Feb. - 21Area economic index51.652.053.8Loan volume50.033.946.1Checking deposits60.988.088.5Certificates of deposit and savings instruments50.046.046.2Farmland prices46.856.360.0Farm equipment sales37.954.562.7Home sales58.160.069.2Hiring 57.846.051.9Retail business46.942.046.2Confidence index (area economy six months out)58.360.064.0Table 2: The Rural Mainstreet Economy, February 2021Percentage of bankers reportingReduction-5% to -10%No change in salesModest increase in sales(1% to 4%)Increase in sales (5% to 10%)Significant increase in sales (over 10%)In terms of agriculture equipment sales for dealers in your area for the next 12 months, what do you expect?3.9%15.4%49.9%23.1%7.7%Percentage of bankers reportingBelow $100$100 to $199$200 to $299$300 to $399What is your estimate of the average per acre cash rent for non-irrigated crop land (not pasture) in your area for 2021?8.0%20.0%68.0%4%Follow Ernie Goss on Twitter erniegoss For historical data and forecasts, visit our website: ongoing commentary on recent economic developments, visit our blog at: ................
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