Economic Outlook

Recent Survey Results

Mid-American Business Conditions Weaken Again: Manufacturing Job Losses Mount as Prices Decline

September survey results at a glance:

* For a second straight month, the regionís overall index moved below growth neutral 50.0.
* Employment index plummets below growth neutral for the month. 
* Wholesale inflation gauge drops to its lowest level since the May 2009.
* Strong U.S. dollar and global economic weakness push new export orders into negative territory.
* The nine-state region has lost almost 15,000 manufacturing jobs since this time last year.

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Rural Mainstreet Index Falls to Growth Neutral for August: Cash Rents Expand as Farmland Prices Slump

September Survey Results at a Glance:

* The Rural Mainstreet Index sinks below growth neutral for September.
* Farmland prices decline for the 22nd straight month.
* Farm equipment sales remain near record lows.
* Bank CEOs support removing the Farm Creditís tax exempt status and its quasi-government position to level the      financial playing field for Rural Mainstreet loans. 

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